PPP Loan information for Morbern usa inc

$399,215

Morbern usa inc was initially approved for PPP Loan of amount $399,215, the current approved amount is $399,215. The loan was approved on 04/28/2020 by The HSBC Bank USA, National Association reported 40 jobs and $399,215 was used to fund payroll.

Morbern usa inc is Existing or more than 2 years old

PPP Loan Search / NC / High Point / Morbern usa inc

MORBERN USA INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MORBERN USA INC

Borrower Address

401 FRALEY RD

Borrower City

High Point

Borrower State

NC

Borrower Zip

27263-1715

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

399215.00

Current Approval Amount

399215.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378617

Servicing Lender Name

HSBC Bank USA, National Association

Servicing Lender Address

1800 Tysons Blvd, Ste 50 Tysons II

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-4267

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

High Point

Project County Name

GUILFORD

Project State

NC

Project Zip

27263-1715

CD

NC-09

Jobs Reported

40

NAICS Code

313320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

399215.00

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

378617

Originating Lender

HSBC Bank USA, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

357830.29

Forgiveness Date

02/10/2021

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