PPP Loan information for Morton heating & cooling inc

$47,500

Morton heating & cooling inc was initially approved for PPP Loan of amount $47,500, the current approved amount is $47,500. The loan was approved on 02/03/2021 by The First Horizon Bank reported 5 jobs and $47,500 was used to fund payroll.

Morton heating & cooling inc is Existing or more than 2 years old

PPP Loan Search / NC / Kannapolis / Morton heating & cooling inc

MORTON HEATING & COOLING INC

Date Approved

02/03/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MORTON HEATING & COOLING INC

Borrower Address

831 S Main St

Borrower City

Kannapolis

Borrower State

NC

Borrower Zip

28081-4917

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47500.00

Current Approval Amount

47500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kannapolis

Project County Name

CABARRUS

Project State

NC

Project Zip

28081-4917

CD

NC-12

Jobs Reported

5

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47500.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47831.18

Forgiveness Date

10/25/2021

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