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Mvt Holdings, Inc.

$464,913 PPP Loan in New Ulm, Minnesota

Loan Details

Loan Number
9915227000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$464,913
Current Approval
$464,913
Forgiveness Amount
$469,816
Forgiveness Date
May 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mvt Holdings, Inc.
Address
301 N Water St
City
New Ulm
State
Minnesota
ZIP Code
56073-1610
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$410,913
Rent
$10,000
Utilities
$1,000
Health Care
$5,000
Debt Interest
$38,000

Lender Information

Servicing Lender
Lincoln Savings Bank
Originating Lender
Lincoln Savings Bank

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