Morrell Administrative Company INC

$263,500 PPP Loan in Elk River, Minnesota

Loan Details

Loan Number
7139707010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$263,500
Current Approval
$263,500
Forgiveness Amount
$265,500
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morrell Administrative Company INC
Address
10752 171st Ave
ZIP Code
55330-6323
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484220)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$263,500

Lender Information

Servicing Lender
The Bank of Elk River
Originating Lender
The Bank of Elk River

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