PPP Loan information for Morris machine co.

$1,247,900

Morris machine co. was initially approved for PPP Loan of amount $1,247,950, the current approved amount is $1,247,900. The loan was approved on 04/09/2020 by The Busey Bank reported 89 jobs and $1,247,900 was used to fund payroll.

Morris machine co. is Unanswered

MORRIS MACHINE CO.

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MORRIS MACHINE CO.

Borrower Address

6480 South Belmont Street

Borrower City

INDIANAPOLIS

Borrower State

IN

Borrower Zip

46217-9767

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1247950.00

Current Approval Amount

1247900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

INDIANAPOLIS

Project County Name

MARION

Project State

IN

Project Zip

46217-9767

CD

IN-06

Jobs Reported

89

NAICS Code

336412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

935925.00

Mortgage Interest Proceed

0.00

Rent Proceed

311975.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1255011.32

Forgiveness Date

11/12/2020

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