PPP Loan information for Mor-wire & cable inc.

$79,312

Mor-wire & cable inc. was initially approved for PPP Loan of amount $79,312, the current approved amount is $79,312. The loan was approved on 05/02/2020 by The The Lowell Five Cent Savings Bank reported 6 jobs and $79,312 was used to fund payroll.

Mor-wire & cable inc. is Existing or more than 2 years old

MOR-WIRE & CABLE INC.

Date Approved

05/02/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MOR-WIRE & CABLE INC.

Borrower Address

50 NEWHALL ST #1

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01852-4166

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79312.00

Current Approval Amount

79312.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01852-4166

CD

MA-03

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

71312.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79672.71

Forgiveness Date

10/20/2020

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