PPP Loan information for Morton-burdette insurance group llc

$42,000

Morton-burdette insurance group llc was initially approved for PPP Loan of amount $42,000, the current approved amount is $42,000. The loan was approved on 04/06/2020 by The Summit Community Bank, Inc. reported 5 jobs and $42,000 was used to fund payroll.

Morton-burdette insurance group llc is New Business or 2 years or less

PPP Loan Search / WV / RIPLEY / Morton-burdette insurance group llc

MORTON-BURDETTE INSURANCE GROUP LLC

Date Approved

04/06/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MORTON-BURDETTE INSURANCE GROUP LLC

Borrower Address

109 N CHURCH ST

Borrower City

RIPLEY

Borrower State

WV

Borrower Zip

25271-1201

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42000.00

Current Approval Amount

42000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RIPLEY

Project County Name

JACKSON

Project State

WV

Project Zip

25271-1201

CD

WV-01

Jobs Reported

5

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1300.00

Payroll Proceed

33600.00

Mortgage Interest Proceed

0.00

Rent Proceed

7100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4226.25

Forgiveness Date

11/27/2020

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