PPP Loan information for Morgan s construction

$13,842

Morgan s construction was initially approved for PPP Loan of amount $13,842, the current approved amount is $13,842. The loan was approved on 03/17/2021 by The New Peoples Bank, Inc. reported 2 jobs and $13,842 was used to fund payroll.

Morgan s construction is Existing or more than 2 years old

MORGAN S CONSTRUCTION

Date Approved

03/17/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MORGAN S CONSTRUCTION

Borrower Address

QUAIL ROAD

Borrower City

ABINGDON

Borrower State

VA

Borrower Zip

24210

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

13842.00

Current Approval Amount

13842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABINGDON

Project County Name

WASHINGTON

Project State

VA

Project Zip

24210

CD

VA-09

Jobs Reported

2

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

13842.00

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

13989.26

Forgiveness Date

04/07/2022

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