PPP Loan information for Morris inc

$1,465,800

Morris inc was initially approved for PPP Loan of amount $1,465,800, the current approved amount is $1,465,800. The loan was approved on 04/14/2020 by The BankWest, Inc reported 90 jobs and $1,465,800 was used to fund payroll.

Morris inc is Existing or more than 2 years old

MORRIS INC

Date Approved

04/14/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

MORRIS INC

Borrower Address

PO Box 1162

Borrower City

PIERRE

Borrower State

SD

Borrower Zip

57501

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1465800.00

Current Approval Amount

1465800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66573

Servicing Lender Name

BankWest, Inc

Servicing Lender Address

420 S Pierre St

Servicing Lender City

PIERRE

Servicing Lender State

SD

Servicing Lender Zip

57501-3224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIERRE

Project County Name

HUGHES

Project State

SD

Project Zip

57501-0001

CD

SD-

Jobs Reported

90

NAICS Code

237310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1242000.00

Mortgage Interest Proceed

126730.00

Rent Proceed

17070.00

Refinance EIDL Proceed

0.00

Health Care Proceed

80000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66573

Originating Lender

BankWest, Inc

Originating Lender City

PIERRE

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1474956.23

Forgiveness Date

12/09/2020

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