PPP Loan information for Morgan contracting inc

$268,565

Morgan contracting inc was initially approved for PPP Loan of amount $268,565, the current approved amount is $268,565. The loan was approved on 04/06/2020 by The Mountain Commerce Bank reported 28 jobs and $268,565 was used to fund payroll.

Morgan contracting inc is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Morgan contracting inc

MORGAN CONTRACTING INC

Date Approved

04/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MORGAN CONTRACTING INC

Borrower Address

900 DUTCH VALLEY DR

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37918-1420

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

268565.00

Current Approval Amount

268565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37918-1420

CD

TN-02

Jobs Reported

28

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16785.31

Payroll Proceed

201423.75

Mortgage Interest Proceed

0.00

Rent Proceed

50355.94

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

271750.48

Forgiveness Date

06/11/2021

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