PPP Loan information for Morgan asphalt inc.

$2,000,000

Morgan asphalt inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/10/2021 by The Glacier Bank reported 200 jobs and $2,000,000 was used to fund payroll.

Morgan asphalt inc. is Existing or more than 2 years old

PPP Loan Search / UT / Magna / Morgan asphalt inc.

MORGAN ASPHALT INC.

Date Approved

02/10/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

MORGAN ASPHALT INC.

Borrower Address

7620 W Highway 201

Borrower City

Magna

Borrower State

UT

Borrower Zip

84044-1882

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Magna

Project County Name

SALT LAKE

Project State

UT

Project Zip

84044-1882

CD

UT-02

Jobs Reported

200

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

2013260.27

Forgiveness Date

10/13/2021

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