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Motor Parts & Equipment INC

$290,500 PPP Loan in Winona, Minnesota

Loan Details

Loan Number
8803647009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$290,500
Current Approval
$290,500
Forgiveness Amount
$293,486
Forgiveness Date
Apr 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Motor Parts & Equipment INC
Address
315 W 3rd St
City
Winona
State
Minnesota
ZIP Code
55987-3120
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423120)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.1M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$290,500

Lender Information

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

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