PPP Loan information for Morten electric, inc.

$33,200

Morten electric, inc. was initially approved for PPP Loan of amount $33,200, the current approved amount is $33,200. The loan was approved on 04/11/2020 by The Bruning Bank reported 3 jobs and $33,200 was used to fund payroll.

Morten electric, inc. is Existing or more than 2 years old

PPP Loan Search / NE / HOLDREGE / Morten electric, inc.

MORTEN ELECTRIC, INC.

Date Approved

04/11/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

MORTEN ELECTRIC, INC.

Borrower Address

73695 L RD

Borrower City

HOLDREGE

Borrower State

NE

Borrower Zip

68949-4015

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33200.00

Current Approval Amount

33200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42092

Servicing Lender Name

Bruning Bank

Servicing Lender Address

104 Main St

Servicing Lender City

BRUNING

Servicing Lender State

NE

Servicing Lender Zip

68322

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLDREGE

Project County Name

PHELPS

Project State

NE

Project Zip

68949-4015

CD

NE-03

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

33200.00

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

42092

Originating Lender

Bruning Bank

Originating Lender City

BRUNING

Originating Lender State

NE

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

33401.93

Forgiveness Date

11/24/2020

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