PPP Loan information for Morgan lumber sales inc.

$28,100

Morgan lumber sales inc. was initially approved for PPP Loan of amount $289,600, the current approved amount is $28,100. The loan was approved on 04/08/2020 by The Select Bank reported 2 jobs and $28,100 was used to fund payroll.

Morgan lumber sales inc. is Existing or more than 2 years old

PPP Loan Search / VA / RED OAK / Morgan lumber sales inc.

MORGAN LUMBER SALES INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MORGAN LUMBER SALES INC.

Borrower Address

65 Jeb Stuart Highway

Borrower City

RED OAK

Borrower State

VA

Borrower Zip

23964-3067

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

289600.00

Current Approval Amount

28100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

447640

Servicing Lender Name

Select Bank

Servicing Lender Address

211 Gristmill Dr

Servicing Lender City

FOREST

Servicing Lender State

VA

Servicing Lender Zip

24551-2605

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED OAK

Project County Name

CHARLOTTE

Project State

VA

Project Zip

23964-3067

CD

VA-05

Jobs Reported

2

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

28100.00

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

447640

Originating Lender

Select Bank

Originating Lender City

FOREST

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

28444.13

Forgiveness Date

07/15/2021

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