PPP Loan information for Morttel inc

$168,713

Morttel inc was initially approved for PPP Loan of amount $168,713, the current approved amount is $168,713. The loan was approved on 01/28/2021 by The The First National Bank of Hugo reported 20 jobs and $168,713 was used to fund payroll.

Morttel inc is Existing or more than 2 years old

MORTTEL INC

Date Approved

01/28/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

MORTTEL INC

Borrower Address

2295 9th St

Borrower City

Limon

Borrower State

CO

Borrower Zip

80828-5048

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

168712.52

Current Approval Amount

168712.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15571

Servicing Lender Name

The First National Bank of Hugo

Servicing Lender Address

321 4th St

Servicing Lender City

HUGO

Servicing Lender State

CO

Servicing Lender Zip

80821

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Limon

Project County Name

LINCOLN

Project State

CO

Project Zip

80828-5048

CD

CO-04

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

168709.52

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

Sole Proprietorship

Originating Lender Location Id

15571

Originating Lender

The First National Bank of Hugo

Originating Lender City

HUGO

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

169321.76

Forgiveness Date

06/15/2021

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