PPP Loan information for Morgan electric

$38,327

Morgan electric was initially approved for PPP Loan of amount $38,327, the current approved amount is $38,327. The loan was approved on 04/07/2020 by The First Farmers and Commercial Bank reported 10 jobs and $38,327 was used to fund payroll.

Morgan electric is Existing or more than 2 years old

PPP Loan Search / TN / PIKEVILLE / Morgan electric

MORGAN ELECTRIC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MORGAN ELECTRIC

Borrower Address

50 S MORGAN LANE

Borrower City

PIKEVILLE

Borrower State

TN

Borrower Zip

37367-8629

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38327.00

Current Approval Amount

38327.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68773

Servicing Lender Name

First Farmers and Commercial Bank

Servicing Lender Address

441 Spring St

Servicing Lender City

PIKEVILLE

Servicing Lender State

TN

Servicing Lender Zip

37367

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIKEVILLE

Project County Name

BLEDSOE

Project State

TN

Project Zip

37367-8629

CD

TN-04

Jobs Reported

10

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38327.00

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

Sole Proprietorship

Originating Lender Location Id

68773

Originating Lender

First Farmers and Commercial Bank

Originating Lender City

PIKEVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

38541.21

Forgiveness Date

11/09/2020

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