Morken Farms LLC

$53,000 PPP Loan in Spring Grove, Minnesota

Loan Details

Loan Number
8488968507
Date Approved
Mar 10, 2021
Loan Status
Paid in Full
Initial Approval
$53,000
Current Approval
$53,000
Forgiveness Amount
$53,162
Forgiveness Date
Jul 7, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Morken Farms LLC
Address
16959 County 4
ZIP Code
55974-2413
Business Type
Partnership
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112111)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$52,998
Utilities
$1

Lender Information

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

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