PPP Loan information for Morris electric inc

$169,700

Morris electric inc was initially approved for PPP Loan of amount $169,700, the current approved amount is $169,700. The loan was approved on 04/28/2020 by The Zions Bank, A Division of reported 14 jobs and $169,700 was used to fund payroll.

Morris electric inc is Existing or more than 2 years old

PPP Loan Search / UT / Springville / Morris electric inc

MORRIS ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MORRIS ELECTRIC INC

Borrower Address

275 West 900 North

Borrower City

Springville

Borrower State

UT

Borrower Zip

84663

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

169700.00

Current Approval Amount

169700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Springville

Project County Name

UTAH

Project State

UT

Project Zip

84663-0001

CD

UT-03

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

169700.00

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

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

170583.37

Forgiveness Date

11/05/2020

;