PPP Loan information for Moranco inc

$151,980

Moranco inc was initially approved for PPP Loan of amount $151,980, the current approved amount is $151,980. The loan was approved on 05/15/2020 by The Fidelity Deposit and Discount Bank reported 103 jobs and $151,980 was used to fund payroll.

Moranco inc is Existing or more than 2 years old

MORANCO INC

Date Approved

05/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MORANCO INC

Borrower Address

41 HEDGE ROW RUN

Borrower City

CLARKS SUMMIT

Borrower State

PA

Borrower Zip

18411-8966

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151980.00

Current Approval Amount

151980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60093

Servicing Lender Name

Fidelity Deposit and Discount Bank

Servicing Lender Address

101 S Blakely St

Servicing Lender City

DUNMORE

Servicing Lender State

PA

Servicing Lender Zip

18512

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKS SUMMIT

Project County Name

LACKAWANNA

Project State

PA

Project Zip

18411-8966

CD

PA-08

Jobs Reported

103

NAICS Code

485410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

151980.00

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

60093

Originating Lender

Fidelity Deposit and Discount Bank

Originating Lender City

DUNMORE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

153314.05

Forgiveness Date

03/31/2021

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