PPP Loan information for Applied resources inc, dba morsch machine

$859,500

Applied resources inc, dba morsch machine was initially approved for PPP Loan of amount $859,500, the current approved amount is $859,500. The loan was approved on 04/10/2020 by The MidFirst Bank reported 75 jobs and $859,500 was used to fund payroll.

Applied resources inc, dba morsch machine is Existing or more than 2 years old

PPP Loan Search / AZ / Chandler / Applied resources inc, dba morsch machine

APPLIED RESOURCES INC, DBA MORSCH MACHINE

Date Approved

04/10/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

APPLIED RESOURCES INC, DBA MORSCH MACHINE

Borrower Address

6985 W Frye Rd

Borrower City

Chandler

Borrower State

AZ

Borrower Zip

85226-3313

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

859500.00

Current Approval Amount

859500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90226

Servicing Lender Name

MidFirst Bank

Servicing Lender Address

501 NW Grand Blvd

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73118-6037

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chandler

Project County Name

MARICOPA

Project State

AZ

Project Zip

85226-3313

CD

AZ-04

Jobs Reported

75

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

859500.00

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

Corporation

Originating Lender Location Id

90226

Originating Lender

MidFirst Bank

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

864871.88

Forgiveness Date

11/27/2020

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