PPP Loan information for Mor/ryde international, inc.

$3,000,000

Mor/ryde international, inc. was initially approved for PPP Loan of amount $9,969,600, the current approved amount is $3,000,000. The loan was approved on 04/08/2020 by The 1st Source Bank reported 500 jobs and $3,000,000 was used to fund payroll.

Mor/ryde international, inc. is Existing or more than 2 years old

MOR/RYDE INTERNATIONAL, INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MOR/RYDE INTERNATIONAL, INC.

Borrower Address

1966 Sterling Ave

Borrower City

ELKHART

Borrower State

IN

Borrower Zip

46515-0579

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9969600.00

Current Approval Amount

3000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELKHART

Project County Name

ELKHART

Project State

IN

Project Zip

46515-0579

CD

IN-02

Jobs Reported

500

NAICS Code

336211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3000000.00

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

Professional Association

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3041583.33

Forgiveness Date

08/31/2021

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