PPP Loan information for Moraca builders incorporated

$1,165,705

Moraca builders incorporated was initially approved for PPP Loan of amount $1,165,705, the current approved amount is $1,165,705. The loan was approved on 01/29/2021 by The Valley National Bank reported 80 jobs and $1,165,705 was used to fund payroll.

Moraca builders incorporated is Existing or more than 2 years old

MORACA BUILDERS INCORPORATED

Date Approved

01/29/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

MORACA BUILDERS INCORPORATED

Borrower Address

1141 S ROGERS CIR BAY 12

Borrower City

BOCA RATON

Borrower State

FL

Borrower Zip

33487

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1165705.00

Current Approval Amount

1165705.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOCA RATON

Project County Name

PALM BEACH

Project State

FL

Project Zip

33487

CD

FL-21

Jobs Reported

80

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1165700.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1172828.75

Forgiveness Date

09/14/2021

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