PPP Loan information for Morich electric inc

$27,500

Morich electric inc was initially approved for PPP Loan of amount $27,500, the current approved amount is $27,500. The loan was approved on 04/09/2020 by The St. Mary's CU reported 3 jobs and $27,500 was used to fund payroll.

Morich electric inc is Existing or more than 2 years old

PPP Loan Search / MA / MARLBOROUGH / Morich electric inc

MORICH ELECTRIC INC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MORICH ELECTRIC INC

Borrower Address

135 NASHOBA DR

Borrower City

MARLBOROUGH

Borrower State

MA

Borrower Zip

01752-1044

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27500.00

Current Approval Amount

27500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98539

Servicing Lender Name

St. Mary's CU

Servicing Lender Address

46 Lizotte Dr

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-3061

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARLBOROUGH

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-1044

CD

MA-03

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27500.00

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

Subchapter S Corporation

Originating Lender Location Id

98539

Originating Lender

St. Mary's CU

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27633.68

Forgiveness Date

10/08/2020

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