PPP Loan information for Mon-ray, inc.

$567,103

Mon-ray, inc. was initially approved for PPP Loan of amount $602,835, the current approved amount is $567,103. The loan was approved on 04/07/2020 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

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MON-RAY, INC.

Borrower Address

7900 Excelsior Blvd. Suite 140

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55343-2600

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

602835.00

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

55343-2600

CD

MN-03

Jobs Reported

61

NAICS Code

332321

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

567103.00

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

519997.99

Forgiveness Date

11/10/2020

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