Morning Cheer Inc.

$854,115 PPP Loan in North East, Maryland

Loan Details

Loan Number
8304247100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$854,115
Current Approval
$854,115
Forgiveness Amount
$860,386
Forgiveness Date
Jan 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morning Cheer Inc.
Address
60 Sandy Cove Road
ZIP Code
21901
Business Type
Professional Association
Industry (NAICS)
Accommodation and Food Services (721214)
Business Age
Existing or more than 2 years old
Jobs Reported
123
Estimated Revenue
$38.5M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$584,863
Rent
$5,520
Utilities
$192,766
Health Care
$63,893
Mortgage Interest
$7,073

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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