PPP Loan information for Morgan mechanical contractors inc

$420,900

Morgan mechanical contractors inc was initially approved for PPP Loan of amount $420,900, the current approved amount is $420,900. The loan was approved on 03/16/2021 by The Truist Bank reported 30 jobs and $420,900 was used to fund payroll.

Morgan mechanical contractors inc is Existing or more than 2 years old

PPP Loan Search / NC / Eden / Morgan mechanical contractors inc

MORGAN MECHANICAL CONTRACTORS INC

Date Approved

03/16/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MORGAN MECHANICAL CONTRACTORS INC

Borrower Address

204 W Stadium Dr

Borrower City

Eden

Borrower State

NC

Borrower Zip

27288-3332

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

420900.00

Current Approval Amount

420900.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Eden

Project County Name

ROCKINGHAM

Project State

NC

Project Zip

27288-3332

CD

NC-06

Jobs Reported

30

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

420898.00

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

Subchapter S 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

425705.27

Forgiveness Date

05/05/2022

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