PPP Loan information for Morweb inc

$48,400

Morweb inc was initially approved for PPP Loan of amount $48,400, the current approved amount is $48,400. The loan was approved on 04/27/2020 by The Manasquan Bank reported 5 jobs and $48,400 was used to fund payroll.

Morweb inc is Existing or more than 2 years old

MORWEB INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MORWEB INC

Borrower Address

72 Route 9 72 Route 9 Bayville

Borrower City

Bayville

Borrower State

NJ

Borrower Zip

08721-1250

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48400.00

Current Approval Amount

48400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87220

Servicing Lender Name

Manasquan Bank

Servicing Lender Address

2221 Landmark Place

Servicing Lender City

WALL TOWNSHIP

Servicing Lender State

NJ

Servicing Lender Zip

08736-1051

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bayville

Project County Name

OCEAN

Project State

NJ

Project Zip

08721-1250

CD

NJ-04

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48400.00

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

87220

Originating Lender

Manasquan Bank

Originating Lender City

WALL TOWNSHIP

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

48853.08

Forgiveness Date

04/12/2021

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