PPP Loan information for L.j. morse construction co.

$600,700

L.j. morse construction co. was initially approved for PPP Loan of amount $607,500, the current approved amount is $600,700. The loan was approved on 04/06/2020 by The Busey Bank reported 34 jobs and $600,700 was used to fund payroll.

L.j. morse construction co. is Existing or more than 2 years old

L.J. MORSE CONSTRUCTION CO.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

L.J. MORSE CONSTRUCTION CO.

Borrower Address

128 S. Broadway

Borrower City

AURORA

Borrower State

IL

Borrower Zip

60505-4203

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

607500.00

Current Approval Amount

600700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

KANE

Project State

IL

Project Zip

60505-4203

CD

IL-14

Jobs Reported

34

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

450525.00

Mortgage Interest Proceed

0.00

Rent Proceed

150175.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

605406.85

Forgiveness Date

01/28/2021

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