PPP Loan information for Moorhead marine inc

$130,750

Moorhead marine inc was initially approved for PPP Loan of amount $130,750, the current approved amount is $130,750. The loan was approved on 04/06/2020 by The Gate City Bank reported 10 jobs and $130,750 was used to fund payroll.

Moorhead marine inc is Existing or more than 2 years old

MOORHEAD MARINE INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MOORHEAD MARINE INC

Borrower Address

5608 Hwy 75 S

Borrower City

MOORHEAD

Borrower State

MN

Borrower Zip

56560-7411

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130750.00

Current Approval Amount

130750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77898

Servicing Lender Name

Gate City Bank

Servicing Lender Address

500 2nd Ave N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4864

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOORHEAD

Project County Name

CLAY

Project State

MN

Project Zip

56560-7411

CD

MN-07

Jobs Reported

10

NAICS Code

441222

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

130750.00

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

77898

Originating Lender

Gate City Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

122537.99

Forgiveness Date

12/03/2020

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