PPP Loan information for Morris merchants inc

$568,660

Morris merchants inc was initially approved for PPP Loan of amount $568,660, the current approved amount is $568,660. The loan was approved on 04/08/2020 by The Cambridge Savings Bank reported 38 jobs and $568,660 was used to fund payroll.

Morris merchants inc is Existing or more than 2 years old

PPP Loan Search / MA / FOXBORO / Morris merchants inc

MORRIS MERCHANTS INC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MORRIS MERCHANTS INC

Borrower Address

77 Green St

Borrower City

FOXBORO

Borrower State

MA

Borrower Zip

02035-2865

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

568660.00

Current Approval Amount

568660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOXBORO

Project County Name

NORFOLK

Project State

MA

Project Zip

02035-2865

CD

MA-04

Jobs Reported

38

NAICS Code

423720

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

142165.00

Payroll Proceed

426495.00

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

575063.27

Forgiveness Date

06/03/2021

;