PPP Loan information for Morins inc

$2,000,000

Morins inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/07/2021 by The Webster Bank National Association reported 256 jobs and $2,000,000 was used to fund payroll.

Morins inc is Existing or more than 2 years old

MORINS INC

Date Approved

02/07/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MORINS INC

Borrower Address

95 Frank Mossberg Dr

Borrower City

Attleboro

Borrower State

MA

Borrower Zip

02703-4615

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Attleboro

Project County Name

BRISTOL

Project State

MA

Project Zip

02703-4615

CD

MA-04

Jobs Reported

256

NAICS Code

722320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

2016383.56

Forgiveness Date

12/08/2021

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