Morreim Drainage, Inc.

$92,309 PPP Loan in Albert Lea, Minnesota

Loan Details

Loan Number
2280437204
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$92,309
Current Approval
$92,309
Forgiveness Amount
$92,881
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Morreim Drainage, Inc.
Address
71610 263rd St
ZIP Code
56007-6019
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$88,309
Utilities
$2,000
Debt Interest
$2,000

Lender Information

Servicing Lender
Arcadian Bank
Originating Lender
Arcadian Bank

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