PPP Loan information for Morley electric inc.

$291,200

Morley electric inc. was initially approved for PPP Loan of amount $291,200, the current approved amount is $291,200. The loan was approved on 04/04/2020 by The Mt. McKinley Bank reported 16 jobs and $291,200 was used to fund payroll.

Morley electric inc. is Existing or more than 2 years old

MORLEY ELECTRIC INC.

Date Approved

04/04/2020

SBA Office Code

1084

Processing Method

PPP

Borrower Name

MORLEY ELECTRIC INC.

Borrower Address

PO Box 1105

Borrower City

DELTA JUNCTION

Borrower State

AK

Borrower Zip

99737

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

291200.00

Current Approval Amount

291200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3498

Servicing Lender Name

Mt. McKinley Bank

Servicing Lender Address

500 Fourth Ave

Servicing Lender City

FAIRBANKS

Servicing Lender State

AK

Servicing Lender Zip

99701-4714

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DELTA JUNCTION

Project County Name

SOUTHEAST FAIRBANKS

Project State

AK

Project Zip

99737-0001

CD

AK-

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

291200.00

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

3498

Originating Lender

Mt. McKinley Bank

Originating Lender City

FAIRBANKS

Originating Lender State

AK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

293441.84

Forgiveness Date

01/20/2021

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