PPP Loan information for Morrell & morrell lp

$576,000

Morrell & morrell lp was initially approved for PPP Loan of amount $576,000, the current approved amount is $576,000. The loan was approved on 04/07/2020 by The The Bank of Elk River reported 40 jobs and $576,000 was used to fund payroll.

Morrell & morrell lp is Existing or more than 2 years old

PPP Loan Search / MN / ELK RIVER / Morrell & morrell lp

MORRELL & MORRELL LP

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MORRELL & MORRELL LP

Borrower Address

10752 171ST AVE

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-6323

Loan Status Date

06/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

576000.00

Current Approval Amount

576000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-6323

CD

MN-06

Jobs Reported

40

NAICS Code

484220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

576000.00

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

Partnership

Originating Lender Location Id

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

582785.75

Forgiveness Date

06/22/2021

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