PPP Loan information for Morgan food enterprises of rochester west

$93,300

Morgan food enterprises of rochester west was initially approved for PPP Loan of amount $93,300, the current approved amount is $93,300. The loan was approved on 04/08/2020 by The Merchants Bank, National Association reported 14 jobs and $93,300 was used to fund payroll.

Morgan food enterprises of rochester west is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Morgan food enterprises of rochester west

MORGAN FOOD ENTERPRISES OF ROCHESTER WEST

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MORGAN FOOD ENTERPRISES OF ROCHESTER WEST

Borrower Address

1510 2ND STREET SE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55902-0319

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93300.00

Current Approval Amount

93300.00

Undisbursed Amount

0.00

Franchise Name

KFC

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55902-0319

CD

MN-01

Jobs Reported

14

NAICS Code

722513

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

6602.00

Payroll Proceed

74698.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

94279.65

Forgiveness Date

05/03/2021

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