PPP Loan information for Moffact products inc.

$253,947

Moffact products inc. was initially approved for PPP Loan of amount $253,947, the current approved amount is $253,947. The loan was approved on 04/05/2020 by The First PREMIER Bank reported 21 jobs and $253,947 was used to fund payroll.

Moffact products inc. is Existing or more than 2 years old

PPP Loan Search / SD / WATERTOWN / Moffact products inc.

MOFFACT PRODUCTS INC.

Date Approved

04/05/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

MOFFACT PRODUCTS INC.

Borrower Address

222 Cessna St

Borrower City

WATERTOWN

Borrower State

SD

Borrower Zip

57201-5613

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253947.00

Current Approval Amount

253947.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66668

Servicing Lender Name

First PREMIER Bank

Servicing Lender Address

500 S Minnesota Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-4824

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

CODINGTON

Project State

SD

Project Zip

57201-5613

CD

SD-

Jobs Reported

21

NAICS Code

335121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

253947.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66668

Originating Lender

First PREMIER Bank

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

255470.68

Forgiveness Date

11/17/2020

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