PPP Loan information for Morris petroleum, inc.

$136,400

Morris petroleum, inc. was initially approved for PPP Loan of amount $136,400, the current approved amount is $136,400. The loan was approved on 04/16/2020 by The Regions Bank reported 8 jobs and $136,400 was used to fund payroll.

Morris petroleum, inc. is Existing or more than 2 years old

MORRIS PETROLEUM, INC.

Date Approved

04/16/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MORRIS PETROLEUM, INC.

Borrower Address

145 Ridgeland Plaza,

Borrower City

Ridgeland

Borrower State

MS

Borrower Zip

39157-3412

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136400.00

Current Approval Amount

136400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ridgeland

Project County Name

MADISON

Project State

MS

Project Zip

39157-3412

CD

MS-03

Jobs Reported

8

NAICS Code

424720

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

136400.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

137423.93

Forgiveness Date

01/27/2021

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