PPP Loan information for Morrone's cafe

$43,500

Morrone's cafe was initially approved for PPP Loan of amount $43,500, the current approved amount is $43,500. The loan was approved on 05/08/2020 by The Woodlands Bank reported 9 jobs and $43,500 was used to fund payroll.

Morrone's cafe is Existing or more than 2 years old

MORRONE'S CAFE

Date Approved

05/08/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MORRONE'S CAFE

Borrower Address

738 W. 4TH ST

Borrower City

WILLIAMSPORT

Borrower State

PA

Borrower Zip

17701-5904

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43500.00

Current Approval Amount

43500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113163

Servicing Lender Name

Woodlands Bank

Servicing Lender Address

2450 E Third St

Servicing Lender City

WILLIAMSPORT

Servicing Lender State

PA

Servicing Lender Zip

17701-4006

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSPORT

Project County Name

LYCOMING

Project State

PA

Project Zip

17701-5904

CD

PA-09

Jobs Reported

9

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10875.00

Payroll Proceed

32625.00

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

Sole Proprietorship

Originating Lender Location Id

113163

Originating Lender

Woodlands Bank

Originating Lender City

WILLIAMSPORT

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43884.95

Forgiveness Date

04/01/2021

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