PPP Loan information for Multiply profit cycle llc

$11,700

Multiply profit cycle llc was initially approved for PPP Loan of amount $11,700, the current approved amount is $11,700. The loan was approved on 07/14/2020 by The Glenwood State Bank Incorporated reported 1 jobs and $11,700 was used to fund payroll.

Multiply profit cycle llc is New Business or 2 years or less

MULTIPLY PROFIT CYCLE LLC

Date Approved

07/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MULTIPLY PROFIT CYCLE LLC

Borrower Address

23311 STATE HIGHWAY 28

Borrower City

GLENWOOD

Borrower State

MN

Borrower Zip

56334-9388

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11700.00

Current Approval Amount

11700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38123

Servicing Lender Name

Glenwood State Bank Incorporated

Servicing Lender Address

5 E Minnesota Ave

Servicing Lender City

GLENWOOD

Servicing Lender State

MN

Servicing Lender Zip

56334-1625

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GLENWOOD

Project County Name

POPE

Project State

MN

Project Zip

56334-9388

CD

MN-07

Jobs Reported

1

NAICS Code

541613

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

11700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38123

Originating Lender

Glenwood State Bank Incorporated

Originating Lender City

GLENWOOD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11774.69

Forgiveness Date

03/08/2021

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