PPP Loan information for Morgan asphalt inc

$2,765,000

Morgan asphalt inc was initially approved for PPP Loan of amount $2,765,000, the current approved amount is $2,765,000. The loan was approved on 04/06/2020 by The Glacier Bank reported 200 jobs and $2,765,000 was used to fund payroll.

Morgan asphalt inc is Existing or more than 2 years old

MORGAN ASPHALT INC

Date Approved

04/06/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MORGAN ASPHALT INC

Borrower Address

1970 N Redwood Road

Borrower City

SALT LAKE CITY

Borrower State

UT

Borrower Zip

84116-1245

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2765000.00

Current Approval Amount

2765000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87893

Servicing Lender Name

Glacier Bank

Servicing Lender Address

202 Main St

Servicing Lender City

KALISPELL

Servicing Lender State

MT

Servicing Lender Zip

59901-4454

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALT LAKE CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84116-1245

CD

UT-02

Jobs Reported

200

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2765000.00

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

87893

Originating Lender

Glacier Bank

Originating Lender City

KALISPELL

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2797119.45

Forgiveness Date

06/09/2021

;