Murphy Automotive INC
$869,100 PPP Loan in Rosemount, Minnesota
Loan Details
- Loan Number
- 4800347009
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $869,100
- Current Approval
- $869,100
- Forgiveness Amount
- $874,387
- Forgiveness Date
- Nov 20, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Murphy Automotive INC
- Address
- 7358 160th St W
- City
- Rosemount
- State
- Minnesota
- ZIP Code
- 55068-1047
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 88
- Estimated Revenue
- $17.2M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $651,870
- Rent
- $70,000
- Utilities
- $70,000
- Debt Interest
- $77,230
Lender Information
- Servicing Lender
- Lakeview Bank
- Originating Lender
- Lakeview Bank
Other PPP Loans in Rosemount, MN
| Business | Approved | |
|---|---|---|
| El Dorado Packaging, INC | $3,942,400 | |
| Spectro Alloys Corporation | $2,810,200 | |
| Mcnamara Contracting, Inc. | $2,742,100 | |
| Vic's Crane & Heavy Haul Inc. | $2,000,000 | |
| Spectro Alloys Corporation | $2,000,000 |
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