PPP Loan information for Murphy logistics solutions, inc

$2,171,200

Murphy logistics solutions, inc was initially approved for PPP Loan of amount $2,171,200, the current approved amount is $2,171,200. The loan was approved on 04/13/2020 by The Bremer Bank, National Association reported 148 jobs and $2,171,200 was used to fund payroll.

Murphy logistics solutions, inc is New Business or 2 years or less

MURPHY LOGISTICS SOLUTIONS, INC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MURPHY LOGISTICS SOLUTIONS, INC

Borrower Address

701 24th Ave SE

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55414-2603

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2171200.00

Current Approval Amount

2171200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55414-2603

CD

MN-05

Jobs Reported

148

NAICS Code

493110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2171200.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2195172.43

Forgiveness Date

05/25/2021

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