PPP Loan information for Morsches lumber co., inc.

$127,100

Morsches lumber co., inc. was initially approved for PPP Loan of amount $127,100, the current approved amount is $127,100. The loan was approved on 04/05/2020 by The Lake City Bank reported 13 jobs and $127,100 was used to fund payroll.

Morsches lumber co., inc. is Existing or more than 2 years old

PPP Loan Search / IN / HUNTINGTON / Morsches lumber co., inc.

MORSCHES LUMBER CO., INC.

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MORSCHES LUMBER CO., INC.

Borrower Address

5905 N US HIGHWAY 24 E

Borrower City

HUNTINGTON

Borrower State

IN

Borrower Zip

46750-9685

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127100.00

Current Approval Amount

127100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTINGTON

Project County Name

HUNTINGTON

Project State

IN

Project Zip

46750-9685

CD

IN-03

Jobs Reported

13

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

127100.00

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

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128063.84

Forgiveness Date

01/13/2021

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