PPP Loan information for Margi llc

$98,191

Margi llc was initially approved for PPP Loan of amount $98,191, the current approved amount is $98,191. The loan was approved on 04/27/2020 by The First Security Bank reported 20 jobs and $98,191 was used to fund payroll.

Margi llc is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Margi llc

MARGI LLC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MARGI LLC

Borrower Address

975 34TH AVE NW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-7057

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98190.60

Current Approval Amount

98190.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36696

Servicing Lender Name

First Security Bank

Servicing Lender Address

316 Byron Ave N

Servicing Lender City

BYRON

Servicing Lender State

MN

Servicing Lender Zip

55920-1480

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

55901-7057

CD

MN-01

Jobs Reported

20

NAICS Code

561720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1190.60

Payroll Proceed

85000.00

Mortgage Interest Proceed

4000.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36696

Originating Lender

First Security Bank

Originating Lender City

BYRON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

98850.66

Forgiveness Date

12/30/2020

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