PPP Loan information for Morgan cabinetry inc

$91,400

Morgan cabinetry inc was initially approved for PPP Loan of amount $91,400, the current approved amount is $91,400. The loan was approved on 04/30/2020 by The Prosperity Bank reported 6 jobs and $91,400 was used to fund payroll.

Morgan cabinetry inc is Existing or more than 2 years old

MORGAN CABINETRY INC

Date Approved

04/30/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

MORGAN CABINETRY INC

Borrower Address

2775 West Kingsley Road

Borrower City

Garland

Borrower State

TX

Borrower Zip

75041-2406

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

91400.00

Current Approval Amount

91400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Garland

Project County Name

DALLAS

Project State

TX

Project Zip

75041-2406

CD

TX-32

Jobs Reported

6

NAICS Code

337110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

91400.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90496.75

Forgiveness Date

02/16/2021

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