PPP Loan information for Mortgage avenue inc

$12,200

Mortgage avenue inc was initially approved for PPP Loan of amount $12,200, the current approved amount is $12,200. The loan was approved on 05/01/2020 by The HomeTown Bank reported 1 jobs and $12,200 was used to fund payroll.

Mortgage avenue inc is New Business or 2 years or less

MORTGAGE AVENUE INC

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MORTGAGE AVENUE INC

Borrower Address

255 1ST AVE

Borrower City

SHAKOPEE

Borrower State

MN

Borrower Zip

55379-1440

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12200.00

Current Approval Amount

12200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88597

Servicing Lender Name

HomeTown Bank

Servicing Lender Address

1000 E Cook St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1941

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SHAKOPEE

Project County Name

SCOTT

Project State

MN

Project Zip

55379-1440

CD

MN-02

Jobs Reported

1

NAICS Code

522310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12200.00

Mortgage Interest Proceed

0.00

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

88597

Originating Lender

HomeTown Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

12305.06

Forgiveness Date

03/18/2021

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