Merkel's Foods INC

$117,200 PPP Loan in Mobridge, South Dakota

Loan Details

Loan Number
7798287204
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$117,200
Current Approval
$117,200
Forgiveness Amount
$117,828
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Merkel's Foods INC
Address
416 Main St
ZIP Code
57601-2540
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (445110)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$5.7M
Rural/Urban
Rural
Congressional District
SD-

Loan Use Breakdown

Payroll
$93,760
Utilities
$23,440

Lender Information

Servicing Lender
Dacotah Bank
Originating Lender
Dacotah Bank

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