PPP Loan information for Morco products corporation

$281,030

Morco products corporation was initially approved for PPP Loan of amount $281,030, the current approved amount is $281,030. The loan was approved on 05/05/2020 by The Cross River Bank reported 21 jobs and $281,030 was used to fund payroll.

Morco products corporation is Unanswered

MORCO PRODUCTS CORPORATION

Date Approved

05/05/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MORCO PRODUCTS CORPORATION

Borrower Address

556 39th Street

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11232

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281030.00

Current Approval Amount

281030.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11232-0001

CD

NY-10

Jobs Reported

21

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

281030.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

283540.02

Forgiveness Date

03/31/2021

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