Morellis Distributing INC
$554,500 PPP Loan in Minot, North Dakota
Loan Details
- Loan Number
- 1520227206
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $554,500
- Current Approval
- $554,500
- Forgiveness Amount
- $561,246
- Forgiveness Date
- Jul 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Morellis Distributing INC
- Address
- 6000 Highway 2 E
- City
- Minot
- State
- North Dakota
- ZIP Code
- 58701-9317
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (424820)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 55
- Estimated Revenue
- $14.2M
- Rural/Urban
- Urban
- Congressional District
- ND-
Loan Use Breakdown
- Payroll
- $554,500
Lender Information
- Servicing Lender
- First International Bank & Trust
- Originating Lender
- First International Bank & Trust
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