PPP Loan information for Morse arts inc

$187,213

Morse arts inc was initially approved for PPP Loan of amount $187,213, the current approved amount is $187,213. The loan was approved on 02/13/2021 by The Martha's Vineyard Bank reported 17 jobs and $187,213 was used to fund payroll.

Morse arts inc is Existing or more than 2 years old

PPP Loan Search / MA / WEST TISBURY / Morse arts inc

MORSE ARTS INC

Date Approved

02/13/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MORSE ARTS INC

Borrower Address

636 OLD COUNTY RD

Borrower City

WEST TISBURY

Borrower State

MA

Borrower Zip

02575

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187212.92

Current Approval Amount

187212.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32770

Servicing Lender Name

Martha's Vineyard Bank

Servicing Lender Address

78 Main St

Servicing Lender City

EDGARTOWN

Servicing Lender State

MA

Servicing Lender Zip

02539

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST TISBURY

Project County Name

DUKES

Project State

MA

Project Zip

02575

CD

MA-09

Jobs Reported

17

NAICS Code

453920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

187207.92

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

32770

Originating Lender

Martha's Vineyard Bank

Originating Lender City

EDGARTOWN

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

188900.40

Forgiveness Date

01/13/2022

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