PPP Loan information for Morrison properties, inc

$160,400

Morrison properties, inc was initially approved for PPP Loan of amount $160,400, the current approved amount is $160,400. The loan was approved on 04/13/2020 by The FNBC Bank reported 20 jobs and $160,400 was used to fund payroll.

Morrison properties, inc is Existing or more than 2 years old

PPP Loan Search / AR / CAMDEN / Morrison properties, inc

MORRISON PROPERTIES, INC

Date Approved

04/13/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MORRISON PROPERTIES, INC

Borrower Address

1286 HIGHWAY 4 BYPASS

Borrower City

CAMDEN

Borrower State

AR

Borrower Zip

71701

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160400.00

Current Approval Amount

160400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4099

Servicing Lender Name

FNBC Bank

Servicing Lender Address

636 Ash Flat Dr

Servicing Lender City

ASH FLAT

Servicing Lender State

AR

Servicing Lender Zip

72513-9428

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CAMDEN

Project County Name

OUACHITA

Project State

AR

Project Zip

71701-0376

CD

AR-04

Jobs Reported

20

NAICS Code

446110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

160400.00

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

Subchapter S Corporation

Originating Lender Location Id

4099

Originating Lender

FNBC Bank

Originating Lender City

ASH FLAT

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

161741.12

Forgiveness Date

02/17/2021

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