PPP Loan information for Morttel, inc

$108,900

Morttel, inc was initially approved for PPP Loan of amount $108,000, the current approved amount is $108,900. The loan was approved on 04/09/2020 by The Customers Bank reported 20 jobs and $108,900 was used to fund payroll.

Morttel, inc is Existing or more than 2 years old

MORTTEL, INC

Date Approved

04/09/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MORTTEL, INC

Borrower Address

2295 9th Street, Colorado

Borrower City

Limon

Borrower State

CO

Borrower Zip

80828

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108000.00

Current Approval Amount

108900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

N

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

80828-0001

CD

CO-04

Jobs Reported

20

NAICS Code

722515

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

108900.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109869.66

Forgiveness Date

03/23/2021

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