PPP Loan information for Morrow bakers inc

$62,707

Morrow bakers inc was initially approved for PPP Loan of amount $62,707, the current approved amount is $62,707. The loan was approved on 04/30/2020 by The Celtic Bank Corporation reported 23 jobs and $62,707 was used to fund payroll.

Morrow bakers inc is New Business or 2 years or less

MORROW BAKERS INC

Date Approved

04/30/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MORROW BAKERS INC

Borrower Address

1943 Mount Zion Road

Borrower City

Morrow

Borrower State

GA

Borrower Zip

30260

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62707.00

Current Approval Amount

62707.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Morrow

Project County Name

CLAYTON

Project State

GA

Project Zip

30260-0001

CD

GA-13

Jobs Reported

23

NAICS Code

721199

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7838.38

Payroll Proceed

47030.24

Mortgage Interest Proceed

0.00

Rent Proceed

7838.38

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63524.77

Forgiveness Date

08/23/2021

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