PPP Loan information for Morley donuts inc

$165,722

Morley donuts inc was initially approved for PPP Loan of amount $165,722, the current approved amount is $165,722. The loan was approved on 04/15/2020 by The Watertown Savings Bank reported 23 jobs and $165,722 was used to fund payroll.

Morley donuts inc is Existing or more than 2 years old

PPP Loan Search / MA / WALTHAM / Morley donuts inc

MORLEY DONUTS INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MORLEY DONUTS INC

Borrower Address

859 Main Street

Borrower City

WALTHAM

Borrower State

MA

Borrower Zip

02451

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165722.00

Current Approval Amount

165722.00

Undisbursed Amount

0.00

Franchise Name

Dunkin' Donuts

Servicing Lender Location Id

33420

Servicing Lender Name

Watertown Savings Bank

Servicing Lender Address

60 Main St

Servicing Lender City

WATERTOWN

Servicing Lender State

MA

Servicing Lender Zip

02472-4413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALTHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02451-0001

CD

MA-05

Jobs Reported

23

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

165722.00

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

33420

Originating Lender

Watertown Savings Bank

Originating Lender City

WATERTOWN

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

167268.74

Forgiveness Date

03/22/2021

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