PPP Loan information for Morell engineering

$411,718

Morell engineering was initially approved for PPP Loan of amount $411,718, the current approved amount is $411,718. The loan was approved on 04/10/2020 by The Bank Independent reported 27 jobs and $411,718 was used to fund payroll.

Morell engineering is Existing or more than 2 years old

PPP Loan Search / AL / ATHENS / Morell engineering

MORELL ENGINEERING

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MORELL ENGINEERING

Borrower Address

711 E HOBBS ST

Borrower City

ATHENS

Borrower State

AL

Borrower Zip

35611-2152

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

411717.54

Current Approval Amount

411717.54

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ATHENS

Project County Name

LIMESTONE

Project State

AL

Project Zip

35611-2152

CD

AL-05

Jobs Reported

27

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3920.62

Payroll Proceed

385596.92

Mortgage Interest Proceed

0.00

Rent Proceed

22200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

414485.20

Forgiveness Date

12/16/2020

;