PPP Loan information for Morsecorp, inc.

$1,205,810

Morsecorp, inc. was initially approved for PPP Loan of amount $1,205,810, the current approved amount is $1,205,810. The loan was approved on 04/11/2020 by The Cambridge Trust Company reported 69 jobs and $1,205,810 was used to fund payroll.

Morsecorp, inc. is Existing or more than 2 years old

PPP Loan Search / MA / CAMBRIDGE / Morsecorp, inc.

MORSECORP, INC.

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MORSECORP, INC.

Borrower Address

1 MAIN ST STE 510

Borrower City

CAMBRIDGE

Borrower State

MA

Borrower Zip

02142-1500

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1205809.62

Current Approval Amount

1205809.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02142-1500

CD

MA-07

Jobs Reported

69

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1975.17

Payroll Proceed

1044223.45

Mortgage Interest Proceed

0.00

Rent Proceed

159611.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1214551.74

Forgiveness Date

01/07/2021

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