PPP Loan information for Morse concrete & excavating, inc.

$48,064

Morse concrete & excavating, inc. was initially approved for PPP Loan of amount $48,064, the current approved amount is $48,064. The loan was approved on 04/28/2020 by The Mercantile Bank reported 8 jobs and $48,064 was used to fund payroll.

Morse concrete & excavating, inc. is Existing or more than 2 years old

PPP Loan Search / MI / MIO / Morse concrete & excavating, inc.

MORSE CONCRETE & EXCAVATING, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MORSE CONCRETE & EXCAVATING, INC.

Borrower Address

106 S VINE ST

Borrower City

MIO

Borrower State

MI

Borrower Zip

48647-9459

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48064.00

Current Approval Amount

48064.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MIO

Project County Name

OSCODA

Project State

MI

Project Zip

48647-9459

CD

MI-01

Jobs Reported

8

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12016.00

Payroll Proceed

36048.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48356.33

Forgiveness Date

12/09/2020

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