PPP Loan information for Morton trucking inc.

$1,154,000

Morton trucking inc. was initially approved for PPP Loan of amount $1,154,000, the current approved amount is $1,154,000. The loan was approved on 04/03/2021 by The First-Citizens Bank & Trust Company reported 85 jobs and $1,154,000 was used to fund payroll.

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

PPP Loan Search / NC / Jacksonville / Morton trucking inc.

MORTON TRUCKING INC.

Date Approved

04/03/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MORTON TRUCKING INC.

Borrower Address

121 Garnet Ln

Borrower City

Jacksonville

Borrower State

NC

Borrower Zip

28546-8801

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1154000.00

Current Approval Amount

1154000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jacksonville

Project County Name

ONSLOW

Project State

NC

Project Zip

28546-8801

CD

NC-03

Jobs Reported

85

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1154000.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226645.95

Forgiveness Date

07/18/2022

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