Morgan Farms, Inc.

$146,500 PPP Loan in Erath, Louisiana

Loan Details

Loan Number
3740107206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$146,500
Current Approval
$146,500
Forgiveness Amount
$147,330
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Morgan Farms, Inc.
Address
4419 Morgan Rd
City
Erath
ZIP Code
70533-6016
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111930)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
LA-03

Loan Use Breakdown

Payroll
$144,750
Utilities
$1,750

Lender Information

Servicing Lender
Bank of Erath
Originating Lender
Bank of Erath

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