PPP Loan information for Mrak, llc

$145,200

Mrak, llc was initially approved for PPP Loan of amount $70,500, the current approved amount is $145,200. The loan was approved on 04/09/2020 by The 21st Century Bank reported 10 jobs and $145,200 was used to fund payroll.

Mrak, llc is New Business or 2 years or less

MRAK, LLC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MRAK, LLC

Borrower Address

371 CANAL PARK DR Ste 210

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55802-2312

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70500.00

Current Approval Amount

145200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36718

Servicing Lender Name

21st Century Bank

Servicing Lender Address

699 N Medina St

Servicing Lender City

LORETTO

Servicing Lender State

MN

Servicing Lender Zip

55357-9595

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55802-2312

CD

MN-08

Jobs Reported

10

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

145200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

36718

Originating Lender

21st Century Bank

Originating Lender City

LORETTO

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

145958.27

Forgiveness Date

11/03/2020

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