PPP Loan information for Morton donut inc.

$404,520

Morton donut inc. was initially approved for PPP Loan of amount $444,165, the current approved amount is $404,520. The loan was approved on 04/08/2020 by The Eastern Bank reported 91 jobs and $404,520 was used to fund payroll.

Morton donut inc. is Existing or more than 2 years old

MORTON DONUT INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MORTON DONUT INC.

Borrower Address

755 Main Street

Borrower City

SOUTH WEYMOUTH

Borrower State

MA

Borrower Zip

02190-1632

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

444165.00

Current Approval Amount

404520.00

Undisbursed Amount

0.00

Franchise Name

Dunkin' Donuts

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH WEYMOUTH

Project County Name

NORFOLK

Project State

MA

Project Zip

02190-1632

CD

MA-08

Jobs Reported

91

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

404520.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

408688.80

Forgiveness Date

04/23/2021

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