PPP Loan information for Morlin, inc

$177,505

Morlin, inc was initially approved for PPP Loan of amount $177,505, the current approved amount is $177,505. The loan was approved on 04/14/2020 by The CNB Bank reported 14 jobs and $177,505 was used to fund payroll.

Morlin, inc is Existing or more than 2 years old

MORLIN, INC

Date Approved

04/14/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

MORLIN, INC

Borrower Address

2044 West 20th ST

Borrower City

ERIE

Borrower State

PA

Borrower Zip

16502-1901

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177505.00

Current Approval Amount

177505.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59954

Servicing Lender Name

CNB Bank

Servicing Lender Address

31 S Second St

Servicing Lender City

CLEARFIELD

Servicing Lender State

PA

Servicing Lender Zip

16830

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ERIE

Project County Name

ERIE

Project State

PA

Project Zip

16502-1901

CD

PA-16

Jobs Reported

14

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7505.00

Payroll Proceed

140000.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

59954

Originating Lender

CNB Bank

Originating Lender City

CLEARFIELD

Originating Lender State

PA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

178458.18

Forgiveness Date

11/05/2020

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