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
- City
- Rochester
- State
- Minnesota
- 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
Other PPP Loans in Rochester, MN
| Business | Approved | |
|---|---|---|
| Crenlo Cab Products, LLC | $10,000,000 | |
| Nuss Truck Group Inc. | $5,226,500 | |
| Alvin E Benike INC | $4,583,100 | |
| Reichel Foods, Inc. | $3,370,400 | |
| Kah 20 2nd Avenue LLC | $3,040,800 |
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