PPP Loan information for Richard morgan llc

$38,500

Richard morgan llc was initially approved for PPP Loan of amount $38,500, the current approved amount is $38,500. The loan was approved on 01/22/2021 by The United Bank of Michigan reported 12 jobs and $38,500 was used to fund payroll.

Richard morgan llc is Existing or more than 2 years old

RICHARD MORGAN LLC

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RICHARD MORGAN LLC

Borrower Address

105 E Superior St

Borrower City

Wayland

Borrower State

MI

Borrower Zip

49348-1137

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38500.00

Current Approval Amount

38500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36555

Servicing Lender Name

United Bank of Michigan

Servicing Lender Address

900 E Paris Ave SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49546-3676

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wayland

Project County Name

ALLEGAN

Project State

MI

Project Zip

49348-1137

CD

MI-03

Jobs Reported

12

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

38498.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

36555

Originating Lender

United Bank of Michigan

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38750.25

Forgiveness Date

09/21/2021

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