Murphy & Teal INC

$67,100 PPP Loan in Rochester, Minnesota

Loan Details

Loan Number
6582847006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$67,100
Current Approval
$67,100
Forgiveness Amount
$67,522
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Murphy & Teal INC
Address
307 S Broadway Ave S
ZIP Code
55904-6506
Business Type
Subchapter S Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531120)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$53,674
Rent
$8,393
Utilities
$5,033

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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