PPP Loan information for Morgan inc.

$92,300

Morgan inc. was initially approved for PPP Loan of amount $92,300, the current approved amount is $92,300. The loan was approved on 05/07/2020 by The ELGA CU reported 26 jobs and $92,300 was used to fund payroll.

Morgan inc. is Existing or more than 2 years old

MORGAN INC.

Date Approved

05/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MORGAN INC.

Borrower Address

4300 N STATE RD

Borrower City

DAVISON

Borrower State

MI

Borrower Zip

48423-8538

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92300.00

Current Approval Amount

92300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98882

Servicing Lender Name

ELGA CU

Servicing Lender Address

6065 Grand Pointe Blvd

Servicing Lender City

GRAND BLANC

Servicing Lender State

MI

Servicing Lender Zip

48439

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVISON

Project County Name

GENESEE

Project State

MI

Project Zip

48423-8538

CD

MI-08

Jobs Reported

26

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5700.00

Payroll Proceed

78600.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

98882

Originating Lender

ELGA CU

Originating Lender City

GRAND BLANC

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93064.04

Forgiveness Date

03/08/2021

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