PPP Loan information for Mor-gas , inc

$81,835

Mor-gas , inc was initially approved for PPP Loan of amount $81,835, the current approved amount is $81,835. The loan was approved on 04/28/2020 by The First State Bank of DeKalb County reported 8 jobs and $81,835 was used to fund payroll.

Mor-gas , inc is Existing or more than 2 years old

MOR-GAS , INC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MOR-GAS , INC

Borrower Address

14205 AL HIGHWAY 71

Borrower City

PISGAH

Borrower State

AL

Borrower Zip

35765-7423

Loan Status Date

11/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81834.57

Current Approval Amount

81834.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1980

Servicing Lender Name

First State Bank of DeKalb County

Servicing Lender Address

500 Gault Ave S

Servicing Lender City

FORT PAYNE

Servicing Lender State

AL

Servicing Lender Zip

35967-1708

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PISGAH

Project County Name

JACKSON

Project State

AL

Project Zip

35765-7423

CD

AL-05

Jobs Reported

8

NAICS Code

454310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20458.64

Payroll Proceed

61375.93

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

1980

Originating Lender

First State Bank of DeKalb County

Originating Lender City

FORT PAYNE

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82207.37

Forgiveness Date

10/13/2020

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