PPP Loan information for Moorhead insurance agency, inc.

$73,600

Moorhead insurance agency, inc. was initially approved for PPP Loan of amount $73,600, the current approved amount is $73,600. The loan was approved on 04/07/2020 by The Midwest Bank reported 11 jobs and $73,600 was used to fund payroll.

Moorhead insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MOORHEAD / Moorhead insurance agency, inc.

MOORHEAD INSURANCE AGENCY, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MOORHEAD INSURANCE AGENCY, INC.

Borrower Address

1516 MAIN AVE PO BOX 156

Borrower City

MOORHEAD

Borrower State

MN

Borrower Zip

56561-0156

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73600.00

Current Approval Amount

73600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOORHEAD

Project County Name

CLAY

Project State

MN

Project Zip

56561-0156

CD

MN-07

Jobs Reported

11

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

73600.00

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

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

74136.37

Forgiveness Date

01/07/2021

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