PPP Loan information for Morel industries, inc.

$285,500

Morel industries, inc. was initially approved for PPP Loan of amount $285,500, the current approved amount is $285,500. The loan was approved on 04/13/2020 by The HomeStreet Bank reported 30 jobs and $285,500 was used to fund payroll.

Morel industries, inc. is Existing or more than 2 years old

PPP Loan Search / WA / ARLINGTON / Morel industries, inc.

MOREL INDUSTRIES, INC.

Date Approved

04/13/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MOREL INDUSTRIES, INC.

Borrower Address

17735 59TH AVE NE

Borrower City

ARLINGTON

Borrower State

WA

Borrower Zip

98223-6446

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

285500.00

Current Approval Amount

285500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110523

Servicing Lender Name

HomeStreet Bank

Servicing Lender Address

601 Union St, 2000 Two Union Sq

Servicing Lender City

SEATTLE

Servicing Lender State

WA

Servicing Lender Zip

98101

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON

Project County Name

SNOHOMISH

Project State

WA

Project Zip

98223-6446

CD

WA-01

Jobs Reported

30

NAICS Code

331524

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

285500.00

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

110523

Originating Lender

HomeStreet Bank

Originating Lender City

SEATTLE

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

288918.18

Forgiveness Date

07/02/2021

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