PPP Loan information for Morrell's shoe store, inc.

$50,000

Morrell's shoe store, inc. was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/09/2020 by The The First Bank and Trust Company reported 7 jobs and $50,000 was used to fund payroll.

Morrell's shoe store, inc. is Existing or more than 2 years old

MORRELL'S SHOE STORE, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MORRELL'S SHOE STORE, INC.

Borrower Address

17427 LEE HWY

Borrower City

ABINGDON

Borrower State

VA

Borrower Zip

24210-7833

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABINGDON

Project County Name

WASHINGTON

Project State

VA

Project Zip

24210-7833

CD

VA-09

Jobs Reported

7

NAICS Code

448210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50330.56

Forgiveness Date

12/16/2020

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