PPP Loan information for Morris electric, inc.

$27,082

Morris electric, inc. was initially approved for PPP Loan of amount $27,082, the current approved amount is $27,082. The loan was approved on 04/08/2020 by The Summit Community Bank, Inc. reported 3 jobs and $27,082 was used to fund payroll.

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

PPP Loan Search / MD / RHODESDALE / Morris electric, inc.

MORRIS ELECTRIC, INC.

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MORRIS ELECTRIC, INC.

Borrower Address

5942 PUCKUM RD

Borrower City

RHODESDALE

Borrower State

MD

Borrower Zip

21659-1240

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27082.00

Current Approval Amount

27082.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RHODESDALE

Project County Name

DORCHESTER

Project State

MD

Project Zip

21659-1240

CD

MD-01

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27082.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27374.64

Forgiveness Date

05/10/2021

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