PPP Loan information for Mortgage network inc

$5,923,100

Mortgage network inc was initially approved for PPP Loan of amount $5,923,100, the current approved amount is $5,923,100. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 322 jobs and $5,923,100 was used to fund payroll.

Mortgage network inc is Existing or more than 2 years old

MORTGAGE NETWORK INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MORTGAGE NETWORK INC

Borrower Address

99 CONIFER HILL DR STE 300

Borrower City

DANVERS

Borrower State

MA

Borrower Zip

01923-1194

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5923100.00

Current Approval Amount

5923100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVERS

Project County Name

ESSEX

Project State

MA

Project Zip

01923-1194

CD

MA-06

Jobs Reported

322

NAICS Code

522292

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5923100.00

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

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6019330.09

Forgiveness Date

12/22/2021

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