PPP Loan information for Hb morgan ii inc

$76,805

Hb morgan ii inc was initially approved for PPP Loan of amount $76,805, the current approved amount is $76,805. The loan was approved on 02/25/2021 by The First Horizon Bank reported 7 jobs and $76,805 was used to fund payroll.

Hb morgan ii inc is Existing or more than 2 years old

HB MORGAN II INC

Date Approved

02/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

HB MORGAN II INC

Borrower Address

2485 Wendell Blvd

Borrower City

Wendell

Borrower State

NC

Borrower Zip

27591-6903

Loan Status Date

10/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76805.00

Current Approval Amount

76805.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wendell

Project County Name

WAKE

Project State

NC

Project Zip

27591-6903

CD

NC-02

Jobs Reported

7

NAICS Code

541213

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

76802.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77940.01

Forgiveness Date

08/25/2022

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