PPP Loan information for Morris industries

$407,000

Morris industries was initially approved for PPP Loan of amount $407,000, the current approved amount is $407,000. The loan was approved on 05/14/2020 by The Citizens Bank and Trust Company reported 28 jobs and $407,000 was used to fund payroll.

Morris industries is Existing or more than 2 years old

MORRIS INDUSTRIES

Date Approved

05/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MORRIS INDUSTRIES

Borrower Address

1916 ANDERSON HWY

Borrower City

POWHATAN

Borrower State

VA

Borrower Zip

23139-7918

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

407000.00

Current Approval Amount

407000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73109

Servicing Lender Name

Citizens Bank and Trust Company

Servicing Lender Address

126 S Main St

Servicing Lender City

BLACKSTONE

Servicing Lender State

VA

Servicing Lender Zip

23824-1842

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POWHATAN

Project County Name

POWHATAN

Project State

VA

Project Zip

23139-7918

CD

VA-05

Jobs Reported

28

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

404000.00

Mortgage Interest Proceed

1500.00

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

73109

Originating Lender

Citizens Bank and Trust Company

Originating Lender City

BLACKSTONE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

409107.48

Forgiveness Date

11/23/2020

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