PPP Loan information for Morrisette paper company, inc.

$3,534,940

Morrisette paper company, inc. was initially approved for PPP Loan of amount $3,534,940, the current approved amount is $3,534,940. The loan was approved on 04/16/2020 by The Triad Business Bank reported 220 jobs and $3,534,940 was used to fund payroll.

Morrisette paper company, inc. is Existing or more than 2 years old

PPP Loan Search / NC / BROWNS SUMMIT / Morrisette paper company, inc.

MORRISETTE PAPER COMPANY, INC.

Date Approved

04/16/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MORRISETTE PAPER COMPANY, INC.

Borrower Address

5925 Summit Avenue

Borrower City

BROWNS SUMMIT

Borrower State

NC

Borrower Zip

27214-9704

Loan Status Date

06/20/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3534940.00

Current Approval Amount

3534940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528466

Servicing Lender Name

Triad Business Bank

Servicing Lender Address

1501 Highwoods Blvd, Ste 103

Servicing Lender City

GREENSBORO

Servicing Lender State

NC

Servicing Lender Zip

27410-2051

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROWNS SUMMIT

Project County Name

GUILFORD

Project State

NC

Project Zip

27214-9704

CD

NC-06

Jobs Reported

220

NAICS Code

561910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3534940.00

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

528466

Originating Lender

Triad Business Bank

Originating Lender City

GREENSBORO

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3574904.46

Forgiveness Date

06/03/2021

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