PPP Loan information for Morgan farmers cooperative, inc.

$165,100

Morgan farmers cooperative, inc. was initially approved for PPP Loan of amount $165,100, the current approved amount is $165,100. The loan was approved on 04/05/2020 by The Peoples Bank of Alabama reported 15 jobs and $165,100 was used to fund payroll.

Morgan farmers cooperative, inc. is Existing or more than 2 years old

PPP Loan Search / AL / HARTSELLE / Morgan farmers cooperative, inc.

MORGAN FARMERS COOPERATIVE, INC.

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MORGAN FARMERS COOPERATIVE, INC.

Borrower Address

1935 HIGHWAY 31

Borrower City

HARTSELLE

Borrower State

AL

Borrower Zip

35640-4453

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165100.00

Current Approval Amount

165100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARTSELLE

Project County Name

MORGAN

Project State

AL

Project Zip

35640-4453

CD

AL-05

Jobs Reported

15

NAICS Code

444220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

165100.00

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

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

166163.98

Forgiveness Date

11/30/2020

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