PPP Loan information for Morgan foods, inc.

$28,700

Morgan foods, inc. was initially approved for PPP Loan of amount $28,700, the current approved amount is $28,700. The loan was approved on 04/08/2020 by The Focus Bank reported 5 jobs and $28,700 was used to fund payroll.

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

MORGAN FOODS, INC.

Date Approved

04/08/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MORGAN FOODS, INC.

Borrower Address

510 S. Gould St.

Borrower City

HARRISBURG

Borrower State

AR

Borrower Zip

72432-2418

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28700.00

Current Approval Amount

28700.00

Undisbursed Amount

0.00

Franchise Name

Gigi's Cupcakes

Servicing Lender Location Id

40230

Servicing Lender Name

Focus Bank

Servicing Lender Address

101 S Main St

Servicing Lender City

CHARLESTON

Servicing Lender State

MO

Servicing Lender Zip

63834-1637

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HARRISBURG

Project County Name

POINSETT

Project State

AR

Project Zip

72432-2418

CD

AR-01

Jobs Reported

5

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1430.00

Payroll Proceed

22980.00

Mortgage Interest Proceed

0.00

Rent Proceed

4290.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

40230

Originating Lender

Focus Bank

Originating Lender City

CHARLESTON

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

28884.16

Forgiveness Date

12/09/2020

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