PPP Loan information for Karl meyer

$25,400

Karl meyer was initially approved for PPP Loan of amount $25,400, the current approved amount is $25,400. The loan was approved on 05/19/2020 by The Magnifi Financial CU reported 2 jobs and $25,400 was used to fund payroll.

Karl meyer is Existing or more than 2 years old

KARL MEYER

Date Approved

05/19/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KARL MEYER

Borrower Address

34234 STATE HIGHWAY 4

Borrower City

MELROSE

Borrower State

MN

Borrower Zip

56352-8118

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25400.00

Current Approval Amount

25400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MELROSE

Project County Name

STEARNS

Project State

MN

Project Zip

56352-8118

CD

MN-07

Jobs Reported

2

NAICS Code

112120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2974.00

Payroll Proceed

19426.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25664.44

Forgiveness Date

06/04/2021

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