PPP Loan information for Majestic homes inc

$46,200

Majestic homes inc was initially approved for PPP Loan of amount $46,200, the current approved amount is $46,200. The loan was approved on 04/03/2020 by The Bank Midwest reported 3 jobs and $46,200 was used to fund payroll.

Majestic homes inc is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Majestic homes inc

MAJESTIC HOMES INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAJESTIC HOMES INC

Borrower Address

6908 CLARKIA DR

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-0299

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46200.00

Current Approval Amount

46200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-0299

CD

MN-01

Jobs Reported

3

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

46200.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

46602.97

Forgiveness Date

03/11/2021

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