Morgan Feedlots Inc.
$184,800 PPP Loan in Paynesville, Minnesota
Loan Details
- Loan Number
- 6343447007
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $184,800
- Current Approval
- $211,000
- Forgiveness Amount
- $213,185
- Forgiveness Date
- Apr 27, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Morgan Feedlots Inc.
- Address
- 26162 240th St
- City
- Paynesville
- State
- Minnesota
- ZIP Code
- 56362-9740
- Business Type
- Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (112112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 23
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $207,000
- Rent
- $1,500
- Utilities
- $2,500
Lender Information
- Servicing Lender
- Magnifi Financial Cu
- Originating Lender
- Magnifi Financial Cu
Other PPP Loans in Paynesville, MN
| Business | Approved | |
|---|---|---|
| Highline Construction Inc. | $1,079,698 | |
| Avon Plastics Inc. | $971,922 | |
| Avon Plastics, INC | $971,900 | |
| Voss Plumbing & Heating of Paynesville INC | $850,000 | |
| Louis Industries INC | $738,047 |
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