PPP Loan information for Morocco electric, inc.

$262,500

Morocco electric, inc. was initially approved for PPP Loan of amount $262,500, the current approved amount is $262,500. The loan was approved on 04/06/2020 by The The Huntington National Bank reported 28 jobs and $262,500 was used to fund payroll.

Morocco electric, inc. is Existing or more than 2 years old

PPP Loan Search / PA / SOMERSET / Morocco electric, inc.

MOROCCO ELECTRIC, INC.

Date Approved

04/06/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

MOROCCO ELECTRIC, INC.

Borrower Address

201 S PLEASANT AVE

Borrower City

SOMERSET

Borrower State

PA

Borrower Zip

15501-2136

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262500.00

Current Approval Amount

262500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

SOMERSET

Project State

PA

Project Zip

15501-2136

CD

PA-14

Jobs Reported

28

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

262500.00

Payroll Proceed

0.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

266110.27

Forgiveness Date

09/08/2021

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