PPP Loan information for Moroil corp.

$138,700

Moroil corp. was initially approved for PPP Loan of amount $138,700, the current approved amount is $138,700. The loan was approved on 04/15/2020 by The BlueHarbor Bank reported 8 jobs and $138,700 was used to fund payroll.

Moroil corp. is Existing or more than 2 years old

MOROIL CORP.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MOROIL CORP.

Borrower Address

6867 BELT RD

Borrower City

CONCORD

Borrower State

NC

Borrower Zip

28027-2966

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138700.00

Current Approval Amount

138700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

453003

Servicing Lender Name

BlueHarbor Bank

Servicing Lender Address

106 Corporate Park Dr

Servicing Lender City

MOORESVILLE

Servicing Lender State

NC

Servicing Lender Zip

28117-7133

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

CABARRUS

Project State

NC

Project Zip

28027-2966

CD

NC-12

Jobs Reported

8

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

138700.00

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

453003

Originating Lender

BlueHarbor Bank

Originating Lender City

MOORESVILLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139913.62

Forgiveness Date

03/09/2021

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