PPP Loan information for Morstor inc

$1,138,700

Morstor inc was initially approved for PPP Loan of amount $1,138,700, the current approved amount is $1,138,700. The loan was approved on 04/28/2020 by The STAR Financial Bank reported 366 jobs and $1,138,700 was used to fund payroll.

Morstor inc is Existing or more than 2 years old

PPP Loan Search / IN / MUNCIE / Morstor inc

MORSTOR INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MORSTOR INC

Borrower Address

4111 N Wheeling Ave

Borrower City

MUNCIE

Borrower State

IN

Borrower Zip

47304

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1138700.00

Current Approval Amount

1138700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24398

Servicing Lender Name

STAR Financial Bank

Servicing Lender Address

127 W Berry St

Servicing Lender City

FORT WAYNE

Servicing Lender State

IN

Servicing Lender Zip

46802-2315

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUNCIE

Project County Name

DELAWARE

Project State

IN

Project Zip

47304-0002

CD

IN-05

Jobs Reported

366

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1138700.00

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

24398

Originating Lender

STAR Financial Bank

Originating Lender City

FORT WAYNE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1151397.28

Forgiveness Date

06/11/2021

;