Morris Bearing & Supply, Inc.

$24,900 PPP Loan in Morris, Minnesota

Loan Details

Loan Number
3099557303
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$24,900
Current Approval
$24,900
Forgiveness Amount
$25,128
Forgiveness Date
Apr 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morris Bearing & Supply, Inc.
Address
814 West 5th St
City
Morris
ZIP Code
56267-1172
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441310)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$20,000
Rent
$3,000
Utilities
$1,900

Lender Information

Servicing Lender
Dacotah Bank
Originating Lender
Dacotah Bank

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