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 04/03/2020 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

04/03/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MORLEY AND ASSOCIATES, INC

Borrower Address

4800 ROSEBUD LN

Borrower City

NEWBURGH

Borrower State

IN

Borrower Zip

47630-9351

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

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

41048.00

Payroll Proceed

395087.00

Mortgage Interest Proceed

0.00

Rent Proceed

35917.00

Refinance EIDL Proceed

0.00

Health Care Proceed

41048.00

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

516164.35

Forgiveness Date

11/12/2020

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