Morgan Lumber Company

$1,086,000 PPP Loan in Red Oak, Virginia

Loan Details

Loan Number
8891187001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,086,000
Current Approval
$1,086,000
Forgiveness Amount
$1,098,110
Forgiveness Date
Jun 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morgan Lumber Company
Address
65 Jeb Stuart Highway
ZIP Code
23964-3077
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423310)
Business Age
Existing or more than 2 years old
Jobs Reported
118
Estimated Revenue
$36.1M
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$1,086,000

Lender Information

Servicing Lender
Select Bank
Originating Lender
Select Bank

Other PPP Loans in Red Oak, VA

BusinessApproved
Morgan Lumber Sales Inc.$289,600NewBizBotAI Deep Dive
Red Oak Excavating, INC$226,171NewBizBotAI Deep Dive
Red Oak Excavating, INC$226,171NewBizBotAI Deep Dive
Sunrise Shavings LLC$84,168NewBizBotAI Deep Dive
Sunrise Shavings LLC$84,100NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free