PPP Loan information for Morse repair, inc

$74,000

Morse repair, inc was initially approved for PPP Loan of amount $74,000, the current approved amount is $74,000. The loan was approved on 04/03/2020 by The The Bank of Bennington reported 7 jobs and $74,000 was used to fund payroll.

Morse repair, inc is Existing or more than 2 years old

MORSE REPAIR, INC

Date Approved

04/03/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

MORSE REPAIR, INC

Borrower Address

13 East Street

Borrower City

BENNINGTON

Borrower State

VT

Borrower Zip

05201-8002

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74000.00

Current Approval Amount

74000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87045

Servicing Lender Name

The Bank of Bennington

Servicing Lender Address

155 North St

Servicing Lender City

BENNINGTON

Servicing Lender State

VT

Servicing Lender Zip

05201-1900

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BENNINGTON

Project County Name

BENNINGTON

Project State

VT

Project Zip

05201-8002

CD

VT-

Jobs Reported

7

NAICS Code

811111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

66500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

87045

Originating Lender

The Bank of Bennington

Originating Lender City

BENNINGTON

Originating Lender State

VT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

74476.89

Forgiveness Date

11/30/2020

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