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Multiply Profit Cycle LLC

Company Details

Name: Multiply Profit Cycle LLC
Jurisdiction: Minnesota
Legal type: Limited Liability Company (Domestic)
Status: Inactive
Date formed: 24 Sep 2018 (6 years ago)
Company Number: 8bd7f044-55c0-e811-9166-00155d0deff0
File Number: 1033259200021
Registered Office Address: 23311 State Hwy.28, Glenwood, MN 56334, USA
Principal Executive Office Address: 23311 State Highway 28, Glenwood, MN 56334–5633, USA
ZIP code: 56334
County: Pope County
Place of Formation: Minnesota

Manager

Name Role Address
David Zimbric Manager 23311 State Highway 28, Glenwood, MN 56334–5633, USA

Agent

Name Role
David Christopher Zimbric Agent

Filing

Filing Name Filing date
Annual Reinstatement - Limited Liability Company (Domestic) 2020-07-14
Administrative Termination - Limited Liability Company (Domestic) 2020-02-25
Original Filing - Limited Liability Company (Domestic) (Business Name: Multiply Profit Cycle LLC) 2018-09-24

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3107528106 2020-07-14 0508 PPP 23311 STATE HIGHWAY 28, GLENWOOD, MN, 56334-9388
Loan Status Date 2021-04-15
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 11700
Loan Approval Amount (current) 11700
Undisbursed Amount 0
Franchise Name -
Lender Location ID 38123
Servicing Lender Name Glenwood State Bank Incorporated
Servicing Lender Address 5 E Minnesota Ave, GLENWOOD, MN, 56334-1625
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description New Business or 2 years or less
Project Address GLENWOOD, POPE, MN, 56334-9388
Project Congressional District MN-07
Number of Employees 1
NAICS code 541613
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Limited Liability Company(LLC)
Originating Lender ID 38123
Originating Lender Name Glenwood State Bank Incorporated
Originating Lender Address GLENWOOD, MN
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 11774.69
Forgiveness Paid Date 2021-03-08

Date of last update: 06 Oct 2024

Sources: Minnesota's Official State Website