PPP Loan information for Morgan foods enterprises of rochester

$75,500

Morgan foods enterprises of rochester was initially approved for PPP Loan of amount $75,500, the current approved amount is $75,500. The loan was approved on 04/07/2020 by The Merchants Bank, National Association reported 19 jobs and $75,500 was used to fund payroll.

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

PPP Loan Search / MN / ROCHESTER / Morgan foods enterprises of rochester

MORGAN FOODS ENTERPRISES OF ROCHESTER

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MORGAN FOODS ENTERPRISES OF ROCHESTER

Borrower Address

717 12th St SE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55904-7246

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75500.00

Current Approval Amount

75500.00

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

55904-7246

CD

MN-01

Jobs Reported

19

NAICS Code

722513

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

3100.00

Payroll Proceed

60400.00

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

76292.75

Forgiveness Date

05/03/2021

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