PPP Loan information for Mike morgan industrial llc

$720,658

Mike morgan industrial llc was initially approved for PPP Loan of amount $720,658, the current approved amount is $720,658. The loan was approved on 02/12/2021 by The Bryant Bank reported 55 jobs and $720,658 was used to fund payroll.

Mike morgan industrial llc is Existing or more than 2 years old

MIKE MORGAN INDUSTRIAL LLC

Date Approved

02/12/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MIKE MORGAN INDUSTRIAL LLC

Borrower Address

10450 Highway 280

Borrower City

Sterrett

Borrower State

AL

Borrower Zip

35147-4158

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

720658.00

Current Approval Amount

720658.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434580

Servicing Lender Name

Bryant Bank

Servicing Lender Address

1550 McFarland Blvd North

Servicing Lender City

TUSCALOOSA

Servicing Lender State

AL

Servicing Lender Zip

35406-2211

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sterrett

Project County Name

SHELBY

Project State

AL

Project Zip

35147-4158

CD

AL-06

Jobs Reported

55

NAICS Code

423810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

720655.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

434580

Originating Lender

Bryant Bank

Originating Lender City

TUSCALOOSA

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

723760.83

Forgiveness Date

07/23/2021

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