PPP Loan information for Morgan industries, inc

$1,833,265

Morgan industries, inc was initially approved for PPP Loan of amount $1,833,265, the current approved amount is $1,833,265. The loan was approved on 04/04/2020 by The Glacier Bank reported 238 jobs and $1,833,265 was used to fund payroll.

Morgan industries, inc is Existing or more than 2 years old

MORGAN INDUSTRIES, INC

Date Approved

04/04/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MORGAN INDUSTRIES, INC

Borrower Address

625 South Main St.

Borrower City

CLEARFIELD

Borrower State

UT

Borrower Zip

84015-1724

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1833265.00

Current Approval Amount

1833265.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

CLEARFIELD

Project County Name

DAVIS

Project State

UT

Project Zip

84015-1724

CD

UT-01

Jobs Reported

238

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1833265.00

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

87893

Originating Lender

Glacier Bank

Originating Lender City

KALISPELL

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1843460.97

Forgiveness Date

11/03/2020

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