PPP Loan information for Morford restaurants, inc.

$91,563

Morford restaurants, inc. was initially approved for PPP Loan of amount $91,563, the current approved amount is $91,563. The loan was approved on 04/28/2020 by The First Merchants Bank reported 37 jobs and $91,563 was used to fund payroll.

Morford restaurants, inc. is Existing or more than 2 years old

PPP Loan Search / IN / Connersville / Morford restaurants, inc.

MORFORD RESTAURANTS, INC.

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MORFORD RESTAURANTS, INC.

Borrower Address

637 E 5th St.

Borrower City

Connersville

Borrower State

IN

Borrower Zip

47331

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

91563.00

Current Approval Amount

91563.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Connersville

Project County Name

FAYETTE

Project State

IN

Project Zip

47331-0001

CD

IN-06

Jobs Reported

37

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

91563.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

92109.87

Forgiveness Date

12/07/2020

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