PPP Loan information for Morgan support services inc

$201,800

Morgan support services inc was initially approved for PPP Loan of amount $201,800, the current approved amount is $201,800. The loan was approved on 02/24/2021 by The Mechanics & Farmers Bank reported 45 jobs and $201,800 was used to fund payroll.

Morgan support services inc is Existing or more than 2 years old

MORGAN SUPPORT SERVICES INC

Date Approved

02/24/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MORGAN SUPPORT SERVICES INC

Borrower Address

500 Spring Garden St

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27401-2744

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

201800.00

Current Approval Amount

201800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50708

Servicing Lender Name

Mechanics & Farmers Bank

Servicing Lender Address

2634 Durham-Chapel Hill Blvd

Servicing Lender City

DURHAM

Servicing Lender State

NC

Servicing Lender Zip

27707-2800

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27401-2744

CD

NC-06

Jobs Reported

45

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

201798.00

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

Corporation

Originating Lender Location Id

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

204193.96

Forgiveness Date

05/05/2022

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