PPP Loan information for Mha systems

$239,500

Mha systems was initially approved for PPP Loan of amount $239,500, the current approved amount is $239,500. The loan was approved on 04/15/2020 by The Cornerstone Bank reported 30 jobs and $239,500 was used to fund payroll.

Mha systems is New Business or 2 years or less

MHA SYSTEMS

Date Approved

04/15/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MHA SYSTEMS

Borrower Address

217 3rd Ave NE

Borrower City

PARSHALL

Borrower State

ND

Borrower Zip

58770-8800

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

239500.00

Current Approval Amount

239500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PARSHALL

Project County Name

MOUNTRAIL

Project State

ND

Project Zip

58770-8800

CD

ND-

Jobs Reported

30

NAICS Code

541513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9000.00

Payroll Proceed

180500.00

Mortgage Interest Proceed

50000.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

242220.99

Forgiveness Date

06/11/2021

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