PPP Loan information for Morgan distribution, inc.

$210,000

Morgan distribution, inc. was initially approved for PPP Loan of amount $210,000, the current approved amount is $210,000. The loan was approved on 04/06/2020 by The The Farmers & Merchants State Bank reported 18 jobs and $210,000 was used to fund payroll.

Morgan distribution, inc. is Existing or more than 2 years old

PPP Loan Search / IN / FORT WAYNE / Morgan distribution, inc.

MORGAN DISTRIBUTION, INC.

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MORGAN DISTRIBUTION, INC.

Borrower Address

4930 Old Maumee Rd

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46803

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

210000.00

Current Approval Amount

210000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46803-0001

CD

IN-03

Jobs Reported

18

NAICS Code

424950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

210000.00

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

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

211490.14

Forgiveness Date

12/31/2020

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