MORSE HOME IMPROVEMENTS, LLC (DE) - 2020 PPP Loan Borrower Profile (# 9930287103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to MORSE HOME IMPROVEMENTS, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number
9930287103
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$170,000
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$140,396.68
Date Loan was Forgiven
Nov 10, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
14,166.67
Payroll Proced
127,500
Mortgage Interest Proceed
14,166.66
Health Care Proceed
14,166.67
Lender
Fulton Bank, National Association

Business Detail

Business Type
Corporation
NAICS
236118
Borrower Location
Millsboro, DE
Project Location
Millsboro, DE
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
12
Business Age Description
Existing or more than 2 years old
Data Source: SBA.