A&D MORGAN, INC (TX) - 2020 PPP Loan Borrower Profile (# 4504007007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A&D MORGAN, INC. 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 Texas.

Loan Detail

Loan Number

4504007007

SBA Office Code

0678

Processing Method

PPP

Curent Loan Amount

$102,800

Date Loan was Approved

Apr 3, 2020

Amount Forgiven

$103,418.52

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,280

Payroll Proced

82,240

Rent Proceed

10,280

Lender

City Bank

Business Detail

Business Type

Corporation

NAICS

339112

Borrower Location

MIDLAND, TX

Project Location

MIDLAND, TX

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.