PPP Loan information for Majestic towing

$47,100

Majestic towing was initially approved for PPP Loan of amount $47,100, the current approved amount is $47,100. The loan was approved on 04/15/2020 by The MidWestOne Bank reported 4 jobs and $47,100 was used to fund payroll.

Majestic towing is Existing or more than 2 years old

PPP Loan Search / MN / PINE CITY / Majestic towing

MAJESTIC TOWING

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAJESTIC TOWING

Borrower Address

56761 Forest Blvd

Borrower City

PINE CITY

Borrower State

MN

Borrower Zip

55063

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47100.00

Current Approval Amount

47100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PINE CITY

Project County Name

PINE

Project State

MN

Project Zip

55063-0001

CD

MN-08

Jobs Reported

4

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2943.75

Payroll Proceed

35325.00

Mortgage Interest Proceed

2943.75

Rent Proceed

2943.75

Refinance EIDL Proceed

2943.75

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47525.21

Forgiveness Date

03/09/2021

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