Mopeca of Cottage Grove, Incorporated

$168,500 PPP Loan in Hastings, Minnesota

Loan Details

Loan Number
9534457006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$168,500
Current Approval
$168,500
Forgiveness Amount
$170,428
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mopeca of Cottage Grove, Incorporated
Address
2100 Vermillion St
ZIP Code
55033-3653
Business Type
Subchapter S Corporation
Industry (NAICS)
Unknown (999990)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$141,540
Rent
$20,220
Utilities
$6,740

Lender Information

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

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