PPP Loan information for Morgan development corporation

$39,097

Morgan development corporation was initially approved for PPP Loan of amount $39,097, the current approved amount is $39,097. The loan was approved on 06/03/2020 by The Bellwether Community CU reported 3 jobs and $39,097 was used to fund payroll.

Morgan development corporation is Existing or more than 2 years old

MORGAN DEVELOPMENT CORPORATION

Date Approved

06/03/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

MORGAN DEVELOPMENT CORPORATION

Borrower Address

8 WILLOW ST

Borrower City

SALEM

Borrower State

NH

Borrower Zip

03079-2060

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39097.00

Current Approval Amount

39097.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

100703

Servicing Lender Name

Bellwether Community CU

Servicing Lender Address

425 Hooksett Rd

Servicing Lender City

MANCHESTER

Servicing Lender State

NH

Servicing Lender Zip

03104-2632

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03079-2060

CD

NH-02

Jobs Reported

3

NAICS Code

531130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

29358.00

Mortgage Interest Proceed

9739.00

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

100703

Originating Lender

Bellwether Community CU

Originating Lender City

MANCHESTER

Originating Lender State

NH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39443.44

Forgiveness Date

04/21/2021

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