PPP Loan information for Morley and associates inc

$513,100

Morley and associates inc was initially approved for PPP Loan of amount $513,100, the current approved amount is $513,100. The loan was approved on 02/25/2021 by The The First National Bank of Carmi reported 31 jobs and $513,100 was used to fund payroll.

Morley and associates inc is Existing or more than 2 years old

PPP Loan Search / IN / Newburgh / Morley and associates inc

MORLEY AND ASSOCIATES INC

Date Approved

02/25/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

MORLEY AND ASSOCIATES INC

Borrower Address

4800 Rosebud Ln

Borrower City

Newburgh

Borrower State

IN

Borrower Zip

47630-9351

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

513100.00

Current Approval Amount

513100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20416

Servicing Lender Name

The First National Bank of Carmi

Servicing Lender Address

201 E Main St

Servicing Lender City

CARMI

Servicing Lender State

IL

Servicing Lender Zip

62821-1841

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newburgh

Project County Name

WARRICK

Project State

IN

Project Zip

47630-9351

CD

IN-08

Jobs Reported

31

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

513096.00

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

20416

Originating Lender

The First National Bank of Carmi

Originating Lender City

CARMI

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

517090.78

Forgiveness Date

12/16/2021

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