PPP Loan information for Morrow memorial home for the aged

$975,000

Morrow memorial home for the aged was initially approved for PPP Loan of amount $975,000, the current approved amount is $975,000. The loan was approved on 04/06/2020 by The River Bank reported 200 jobs and $975,000 was used to fund payroll.

Morrow memorial home for the aged is Existing or more than 2 years old

PPP Loan Search / WI / SPARTA / Morrow memorial home for the aged

MORROW MEMORIAL HOME FOR THE AGED

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MORROW MEMORIAL HOME FOR THE AGED

Borrower Address

331 S. Water Street

Borrower City

SPARTA

Borrower State

WI

Borrower Zip

54656-1726

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

975000.00

Current Approval Amount

975000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76816

Servicing Lender Name

River Bank

Servicing Lender Address

145 N Main St

Servicing Lender City

STODDARD

Servicing Lender State

WI

Servicing Lender Zip

54658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPARTA

Project County Name

MONROE

Project State

WI

Project Zip

54656-1726

CD

WI-03

Jobs Reported

200

NAICS Code

623110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

915000.00

Mortgage Interest Proceed

40000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

76816

Originating Lender

River Bank

Originating Lender City

STODDARD

Originating Lender State

WI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

980497.92

Forgiveness Date

11/03/2020

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