PPP Loan information for Morse electric inc

$314,622

Morse electric inc was initially approved for PPP Loan of amount $314,622, the current approved amount is $314,622. The loan was approved on 02/19/2021 by The Armstrong Bank reported 7 jobs and $314,622 was used to fund payroll.

Morse electric inc is Existing or more than 2 years old

MORSE ELECTRIC INC

Date Approved

02/19/2021

SBA Office Code

0680

Processing Method

PPS

Borrower Name

MORSE ELECTRIC INC

Borrower Address

3449 W 60th St N

Borrower City

Porter

Borrower State

OK

Borrower Zip

74454-2993

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

314622.00

Current Approval Amount

314622.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59482

Servicing Lender Name

Armstrong Bank

Servicing Lender Address

1215 W Okmulgee St

Servicing Lender City

MUSKOGEE

Servicing Lender State

OK

Servicing Lender Zip

74401-6849

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Porter

Project County Name

WAGONER

Project State

OK

Project Zip

74454-2993

CD

OK-02

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

314620.00

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

Corporation

Originating Lender Location Id

59482

Originating Lender

Armstrong Bank

Originating Lender City

MUSKOGEE

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

316001.16

Forgiveness Date

08/10/2021

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