PPP Loan information for Morris college

$1,711,300

Morris college was initially approved for PPP Loan of amount $1,711,300, the current approved amount is $1,711,300. The loan was approved on 04/11/2020 by The First-Citizens Bank & Trust Company reported 223 jobs and $1,711,300 was used to fund payroll.

Morris college is New Business or 2 years or less

MORRIS COLLEGE

Date Approved

04/11/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MORRIS COLLEGE

Borrower Address

100 WEST COLLEGE STREET

Borrower City

SUMTER

Borrower State

SC

Borrower Zip

29150-3502

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1711300.00

Current Approval Amount

1711300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SUMTER

Project County Name

SUMTER

Project State

SC

Project Zip

29150-3502

CD

SC-06

Jobs Reported

223

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1711300.00

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

Non-Profit Organization

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1724146.47

Forgiveness Date

01/20/2021

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