PPP Loan information for Morrone electric, inc.

$77,612

Morrone electric, inc. was initially approved for PPP Loan of amount $77,612, the current approved amount is $77,612. The loan was approved on 04/08/2020 by The The Washington Trust Company of Westerly reported 10 jobs and $77,612 was used to fund payroll.

Morrone electric, inc. is Existing or more than 2 years old

PPP Loan Search / RI / WESTERLY / Morrone electric, inc.

MORRONE ELECTRIC, INC.

Date Approved

04/08/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MORRONE ELECTRIC, INC.

Borrower Address

170 MAIN ST

Borrower City

WESTERLY

Borrower State

RI

Borrower Zip

02891-2117

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77612.00

Current Approval Amount

77612.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65777

Servicing Lender Name

The Washington Trust Company of Westerly

Servicing Lender Address

23 Broad St

Servicing Lender City

WESTERLY

Servicing Lender State

RI

Servicing Lender Zip

02891-1879

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WESTERLY

Project County Name

WASHINGTON

Project State

RI

Project Zip

02891-2117

CD

RI-02

Jobs Reported

10

NAICS Code

443141

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

77612.00

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

65777

Originating Lender

The Washington Trust Company of Westerly

Originating Lender City

WESTERLY

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78370.87

Forgiveness Date

04/19/2021

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