PPP Loan information for Morgan li llc

$983,985

Morgan li llc was initially approved for PPP Loan of amount $980,200, the current approved amount is $983,985. The loan was approved on 04/05/2020 by The Village Bank and Trust, National Association reported 77 jobs and $983,985 was used to fund payroll.

Morgan li llc is Existing or more than 2 years old

PPP Loan Search / IL / CHICAGO HEIGHTS / Morgan li llc

MORGAN LI LLC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MORGAN LI LLC

Borrower Address

383 E. 16th Street

Borrower City

CHICAGO HEIGHTS

Borrower State

IL

Borrower Zip

60411-3701

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

980200.00

Current Approval Amount

983985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60411-3701

CD

IL-02

Jobs Reported

77

NAICS Code

423440

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

98398.50

Payroll Proceed

737988.75

Mortgage Interest Proceed

147597.75

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

990462.90

Forgiveness Date

12/09/2020

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