PPP Loan information for Morlogic inc.

$262,100

Morlogic inc. was initially approved for PPP Loan of amount $262,100, the current approved amount is $262,100. The loan was approved on 04/28/2020 by The First Merchants Bank reported 17 jobs and $262,100 was used to fund payroll.

Morlogic inc. is Existing or more than 2 years old

PPP Loan Search / MI / ANN ARBOR / Morlogic inc.

MORLOGIC INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MORLOGIC INC.

Borrower Address

2500 PACKARD ST

Borrower City

ANN ARBOR

Borrower State

MI

Borrower Zip

48104-6827

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262100.00

Current Approval Amount

262100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANN ARBOR

Project County Name

WASHTENAW

Project State

MI

Project Zip

48104-6827

CD

MI-06

Jobs Reported

17

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

262100.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

264871.80

Forgiveness Date

05/27/2021

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