Morgan Memorial Foundation, Inc.

$414,300 PPP Loan in Morgan, Minnesota

Loan Details

Loan Number
5906727008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$414,300
Current Approval
$414,300
Forgiveness Amount
$417,338
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Morgan Memorial Foundation, Inc.
Address
96 E 3rd St
City
Morgan
ZIP Code
56266-1414
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$12.1M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$331,440
Utilities
$82,860

Lender Information

Servicing Lender
Community Bank Mankato
Originating Lender
Community Bank Mankato

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