PPP Loan information for Morgan mechanical systems inc

$16,000

Morgan mechanical systems inc was initially approved for PPP Loan of amount $16,000, the current approved amount is $16,000. The loan was approved on 04/27/2020 by The Tech CU reported 1 jobs and $16,000 was used to fund payroll.

Morgan mechanical systems inc is Existing or more than 2 years old

MORGAN MECHANICAL SYSTEMS INC

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MORGAN MECHANICAL SYSTEMS INC

Borrower Address

8200 E 95th Place

Borrower City

CROWN POINT

Borrower State

IN

Borrower Zip

46307

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16000.00

Current Approval Amount

16000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

96781

Servicing Lender Name

Tech CU

Servicing Lender Address

10951 Broadway St

Servicing Lender City

CROWN POINT

Servicing Lender State

IN

Servicing Lender Zip

46307-7312

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CROWN POINT

Project County Name

LAKE

Project State

IN

Project Zip

46307-0001

CD

IN-01

Jobs Reported

1

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16000.00

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

96781

Originating Lender

Tech CU

Originating Lender City

CROWN POINT

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16073.33

Forgiveness Date

10/13/2020

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