PPP Loan information for Morocco electric, inc.

$231,417

Morocco electric, inc. was initially approved for PPP Loan of amount $231,417, the current approved amount is $231,417. The loan was approved on 02/13/2021 by The The Huntington National Bank reported 24 jobs and $231,417 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

02/13/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

MOROCCO ELECTRIC, INC.

Borrower Address

201 S Pleasant Ave

Borrower City

Somerset

Borrower State

PA

Borrower Zip

15501-2136

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

231417.00

Current Approval Amount

231417.00

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

24

NAICS Code

423690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

231414.00

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

234073.54

Forgiveness Date

04/12/2022

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