Mott Equity Exchange

$309,683 PPP Loan in Mott, North Dakota

Loan Details

Loan Number
1538677101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$309,683
Current Approval
$309,683
Forgiveness Amount
$311,406
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mott Equity Exchange
Address
509 Hwy 8
City
Mott
ZIP Code
58646-7286
Business Type
Cooperative
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$12.7M
Rural/Urban
Rural
Congressional District
ND-

Loan Use Breakdown

Payroll
$270,000
Utilities
$39,683

Lender Information

Servicing Lender
Commercial Bank of Mott
Originating Lender
Commercial Bank of Mott

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