Purpose LLC

$66,984 PPP Loan in Morris, Minnesota

Loan Details

Loan Number
6170217107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$66,984
Current Approval
$66,984
Forgiveness Amount
$67,304
Forgiveness Date
Oct 13, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Purpose LLC
Address
702 Atlantic Ave
City
Morris
ZIP Code
56267-1138
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (448140)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.4M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$53,587
Utilities
$6,698
Mortgage Interest
$6,698

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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