PPP Loan information for Morco, inc

$56,500

Morco, inc was initially approved for PPP Loan of amount $56,500, the current approved amount is $56,500. The loan was approved on 04/30/2020 by The Banner Bank reported 6 jobs and $56,500 was used to fund payroll.

Morco, inc is Existing or more than 2 years old

MORCO, INC

Date Approved

04/30/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MORCO, INC

Borrower Address

2861 Orcas Road #229

Borrower City

Eastsound

Borrower State

WA

Borrower Zip

98245

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56500.00

Current Approval Amount

56500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79430

Servicing Lender Name

Banner Bank

Servicing Lender Address

10 S First Ave

Servicing Lender City

WALLA WALLA

Servicing Lender State

WA

Servicing Lender Zip

99362-1942

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eastsound

Project County Name

SAN JUAN

Project State

WA

Project Zip

98245-0001

CD

WA-02

Jobs Reported

6

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56500.00

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

Corporation

Originating Lender Location Id

79430

Originating Lender

Banner Bank

Originating Lender City

WALLA WALLA

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57105.25

Forgiveness Date

06/04/2021

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