PPP Loan information for Morning cheer inc.

$854,115

Morning cheer inc. was initially approved for PPP Loan of amount $854,115, the current approved amount is $854,115. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 123 jobs and $854,115 was used to fund payroll.

Morning cheer inc. is Existing or more than 2 years old

PPP Loan Search / MD / North East / Morning cheer inc.

MORNING CHEER INC.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MORNING CHEER INC.

Borrower Address

60 Sandy Cove Road

Borrower City

North East

Borrower State

MD

Borrower Zip

21901

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

854115.00

Current Approval Amount

854115.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North East

Project County Name

CECIL

Project State

MD

Project Zip

21901-0001

CD

MD-01

Jobs Reported

123

NAICS Code

721214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

192766.00

Payroll Proceed

584863.00

Mortgage Interest Proceed

7073.00

Rent Proceed

5520.00

Refinance EIDL Proceed

0.00

Health Care Proceed

63893.00

Debt Interest Proceed

0

Business Type

Professional Association

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

860386.31

Forgiveness Date

01/19/2021

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