PPP Loan information for Morris electric

$20,800

Morris electric was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 04/30/2020 by The Regions Bank reported 1 jobs and $20,800 was used to fund payroll.

Morris electric is Existing or more than 2 years old

MORRIS ELECTRIC

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MORRIS ELECTRIC

Borrower Address

100 Bay Pointe Ln

Borrower City

Lincoln

Borrower State

AL

Borrower Zip

35096

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lincoln

Project County Name

TALLADEGA

Project State

AL

Project Zip

35096-0001

CD

AL-03

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

Sole Proprietorship

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21147.05

Forgiveness Date

01/04/2022

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