PPP Loan information for Morel corporation

$35,000

Morel corporation was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 04/27/2021 by The Truist Bank reported 4 jobs and $35,000 was used to fund payroll.

Morel corporation is Existing or more than 2 years old

PPP Loan Search / TN / Lebanon / Morel corporation

MOREL CORPORATION

Date Approved

04/27/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MOREL CORPORATION

Borrower Address

102 Hartmann Drive Box G-307

Borrower City

Lebanon

Borrower State

TN

Borrower Zip

37087

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lebanon

Project County Name

WILSON

Project State

TN

Project Zip

37087

CD

TN-06

Jobs Reported

4

NAICS Code

561510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34999.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35470.56

Forgiveness Date

08/29/2022

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