Mcginnis Appliance, INC

$115,200 PPP Loan in Morris, Minnesota

Loan Details

Loan Number
7110107003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$115,200
Current Approval
$115,200
Forgiveness Amount
$116,507
Forgiveness Date
Jun 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcginnis Appliance, INC
Address
601 Atlantic Ave.
City
Morris
ZIP Code
56267-1326
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423620)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$115,200

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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