PPP Loan information for Morris manufacturing & sales corp.

$1,545,700

Morris manufacturing & sales corp. was initially approved for PPP Loan of amount $1,545,700, the current approved amount is $1,545,700. The loan was approved on 03/26/2021 by The First Farmers Bank & Trust Co. reported 157 jobs and $1,545,700 was used to fund payroll.

Morris manufacturing & sales corp. is Existing or more than 2 years old

PPP Loan Search / IN / Brazil / Morris manufacturing & sales corp.

MORRIS MANUFACTURING & SALES CORP.

Date Approved

03/26/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

MORRIS MANUFACTURING & SALES CORP.

Borrower Address

1015 E Mechanic St

Borrower City

Brazil

Borrower State

IN

Borrower Zip

47834-3321

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1545700.00

Current Approval Amount

1545700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brazil

Project County Name

CLAY

Project State

IN

Project Zip

47834-3321

CD

IN-08

Jobs Reported

157

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1545694.00

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

Subchapter S Corporation

Originating Lender Location Id

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1564756.58

Forgiveness Date

06/23/2022

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