PPP Loan information for Morristown restaurants inc

$121,079

Morristown restaurants inc was initially approved for PPP Loan of amount $121,079, the current approved amount is $121,079. The loan was approved on 02/17/2021 by The First Merchants Bank reported 35 jobs and $121,079 was used to fund payroll.

Morristown restaurants inc is Existing or more than 2 years old

MORRISTOWN RESTAURANTS INC

Date Approved

02/17/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

MORRISTOWN RESTAURANTS INC

Borrower Address

158 E Main St

Borrower City

Morristown

Borrower State

IN

Borrower Zip

46161-9660

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

121079.00

Current Approval Amount

121079.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morristown

Project County Name

SHELBY

Project State

IN

Project Zip

46161-9660

CD

IN-06

Jobs Reported

35

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

121077.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

121662.83

Forgiveness Date

08/19/2021

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