PPP Loan information for Morey airplane company inc

$90,000

Morey airplane company inc was initially approved for PPP Loan of amount $90,000, the current approved amount is $90,000. The loan was approved on 01/28/2021 by The Lake Ridge Bank reported 8 jobs and $90,000 was used to fund payroll.

Morey airplane company inc is Existing or more than 2 years old

MOREY AIRPLANE COMPANY INC

Date Approved

01/28/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

MOREY AIRPLANE COMPANY INC

Borrower Address

8300 Airport Rd

Borrower City

Middleton

Borrower State

WI

Borrower Zip

53562-1489

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90000.00

Current Approval Amount

90000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middleton

Project County Name

DANE

Project State

WI

Project Zip

53562-1489

CD

WI-02

Jobs Reported

8

NAICS Code

611512

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

89997.00

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

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

90392.05

Forgiveness Date

07/08/2021

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