PPP Loan information for James w morelli dba morelli clinard residential designs

$54,320

James w morelli dba morelli clinard residential designs was initially approved for PPP Loan of amount $54,320, the current approved amount is $54,320. The loan was approved on 04/09/2020 by The Southern Bank and Trust Company reported 9 jobs and $54,320 was used to fund payroll.

James w morelli dba morelli clinard residential designs is Existing or more than 2 years old

JAMES W MORELLI DBA MORELLI CLINARD RESIDENTIAL DESIGNS

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

JAMES W MORELLI DBA MORELLI CLINARD RESIDENTIAL DESIGNS

Borrower Address

113 CHESAPEAKE CT

Borrower City

ROCKY MOUNT

Borrower State

NC

Borrower Zip

27804-9081

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54320.00

Current Approval Amount

54320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKY MOUNT

Project County Name

NASH

Project State

NC

Project Zip

27804-9081

CD

NC-01

Jobs Reported

9

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54320.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54759.09

Forgiveness Date

02/03/2021

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