Morstor INC

$1,138,700 PPP Loan in Muncie, Indiana

Loan Details

Loan Number
7720657208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,138,700
Current Approval
$1,138,700
Forgiveness Amount
$1,151,397
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morstor INC
Address
4111 N Wheeling Ave
City
Muncie
State
Indiana
ZIP Code
47304
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
366
Estimated Revenue
$65.0M
Rural/Urban
Urban
Congressional District
IN-05

Loan Use Breakdown

Payroll
$1,138,700

Lender Information

Servicing Lender
Star Financial Bank
Originating Lender
Star Financial Bank

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