PPP Loan information for Mortons towing and recovery, inc.

$448,435

Mortons towing and recovery, inc. was initially approved for PPP Loan of amount $448,435, the current approved amount is $448,435. The loan was approved on 04/30/2020 by The Celtic Bank Corporation reported 31 jobs and $448,435 was used to fund payroll.

Mortons towing and recovery, inc. is Existing or more than 2 years old

MORTONS TOWING AND RECOVERY, INC.

Date Approved

04/30/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MORTONS TOWING AND RECOVERY, INC.

Borrower Address

23920 Frederick Road

Borrower City

Clarksburg

Borrower State

MD

Borrower Zip

20871

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

448435.00

Current Approval Amount

448435.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clarksburg

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20871-0001

CD

MD-06

Jobs Reported

31

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

448435.00

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

454086.51

Forgiveness Date

08/04/2021

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