PPP Loan information for Morgan inn corporation

$393,582

Morgan inn corporation was initially approved for PPP Loan of amount $393,582, the current approved amount is $393,582. The loan was approved on 02/10/2021 by The First Horizon Bank reported 23 jobs and $393,582 was used to fund payroll.

Morgan inn corporation is Existing or more than 2 years old

MORGAN INN CORPORATION

Date Approved

02/10/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MORGAN INN CORPORATION

Borrower Address

111 N Main St

Borrower City

Greeneville

Borrower State

TN

Borrower Zip

37743-4919

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

393582.00

Current Approval Amount

393582.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greeneville

Project County Name

GREENE

Project State

TN

Project Zip

37743-4919

CD

TN-01

Jobs Reported

23

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

393577.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

397572.48

Forgiveness Date

02/23/2022

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