Majestic Transport INC

$86,600 PPP Loan in Rush City, Minnesota

Loan Details

Loan Number
9519827110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$86,600
Current Approval
$86,600
Forgiveness Amount
$87,384
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Majestic Transport INC
Address
50470 Shorewood Circle
ZIP Code
55069
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484230)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$64,950
Rent
$5,413
Utilities
$5,413
Health Care
$5,413
Mortgage Interest
$5,413

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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