PPP Loan information for Morning glory properties inc

$44,248

Morning glory properties inc was initially approved for PPP Loan of amount $44,248, the current approved amount is $44,248. The loan was approved on 04/09/2020 by The First Southern State Bank reported 10 jobs and $44,248 was used to fund payroll.

Morning glory properties inc is Existing or more than 2 years old

MORNING GLORY PROPERTIES INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MORNING GLORY PROPERTIES INC

Borrower Address

2055 MAIN ST

Borrower City

FYFFE

Borrower State

AL

Borrower Zip

35971-3446

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44247.50

Current Approval Amount

44247.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3284

Servicing Lender Name

First Southern State Bank

Servicing Lender Address

80 Bank St

Servicing Lender City

STEVENSON

Servicing Lender State

AL

Servicing Lender Zip

35772-3782

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FYFFE

Project County Name

DE KALB

Project State

AL

Project Zip

35971-3446

CD

AL-04

Jobs Reported

10

NAICS Code

531110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1747.00

Payroll Proceed

35000.00

Mortgage Interest Proceed

0.00

Rent Proceed

7500.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

3284

Originating Lender

First Southern State Bank

Originating Lender City

STEVENSON

Originating Lender State

AL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

34445.37

Forgiveness Date

11/12/2020

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