PPP Loan information for Mon-ray inc.

$567,103

Mon-ray inc. was initially approved for PPP Loan of amount $567,103, the current approved amount is $567,103. The loan was approved on 02/04/2021 by The Home Federal Savings Bank reported 61 jobs and $567,103 was used to fund payroll.

Mon-ray inc. is Existing or more than 2 years old

MON-RAY INC.

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MON-RAY INC.

Borrower Address

7900 Excelsior Blvd Ste 140

Borrower City

Hopkins

Borrower State

MN

Borrower Zip

55343-3454

Loan Status Date

01/11/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

567103.00

Current Approval Amount

567103.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81242

Servicing Lender Name

Home Federal Savings Bank

Servicing Lender Address

1016 Civic Center Dr NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-1881

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hopkins

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-3454

CD

MN-03

Jobs Reported

61

NAICS Code

332321

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

567100.00

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

Corporation

Originating Lender Location Id

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

569639.21

Forgiveness Date

08/04/2021

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