PPP Loan information for Morelli rental corp

$87,330

Morelli rental corp was initially approved for PPP Loan of amount $87,330, the current approved amount is $87,330. The loan was approved on 01/28/2021 by The First Resource Bank reported 7 jobs and $87,330 was used to fund payroll.

Morelli rental corp is Existing or more than 2 years old

MORELLI RENTAL CORP

Date Approved

01/28/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

MORELLI RENTAL CORP

Borrower Address

81 Lancaster Ave Ste 209

Borrower City

Malvern

Borrower State

PA

Borrower Zip

19355-2157

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87330.05

Current Approval Amount

87330.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434113

Servicing Lender Name

First Resource Bank

Servicing Lender Address

1 E Uwchlan Ave, Ste 410

Servicing Lender City

EXTON

Servicing Lender State

PA

Servicing Lender Zip

19341-1271

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Malvern

Project County Name

CHESTER

Project State

PA

Project Zip

19355-2157

CD

PA-06

Jobs Reported

7

NAICS Code

531190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87330.05

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

434113

Originating Lender

First Resource Bank

Originating Lender City

EXTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87686.65

Forgiveness Date

06/28/2021

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