PPP Loan information for Morgan logistics inc

$246,100

Morgan logistics inc was initially approved for PPP Loan of amount $246,100, the current approved amount is $246,100. The loan was approved on 04/27/2020 by The TransPecos Banks, SSB. reported 15 jobs and $246,100 was used to fund payroll.

Morgan logistics inc is New Business or 2 years or less

MORGAN LOGISTICS INC

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MORGAN LOGISTICS INC

Borrower Address

1657 Commerce Drive Suite 9B

Borrower City

South Bend

Borrower State

IN

Borrower Zip

46628

Loan Status Date

10/26/2021

Loan Status

Charged Off

Term

6

SBA Guaranty Percentage

100

Initial Approval Amount

246100.00

Current Approval Amount

246100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71584

Servicing Lender Name

TransPecos Banks, SSB.

Servicing Lender Address

115 W 3rd St

Servicing Lender City

PECOS

Servicing Lender State

TX

Servicing Lender Zip

79772-3120

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

South Bend

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46628-0002

CD

IN-02

Jobs Reported

15

NAICS Code

541614

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

246100.00

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

71584

Originating Lender

TransPecos Banks, SSB.

Originating Lender City

PECOS

Originating Lender State

TX

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;