PPP Loan information for Morgan industrial, inc.

$1,685,400

Morgan industrial, inc. was initially approved for PPP Loan of amount $1,685,400, the current approved amount is $1,685,400. The loan was approved on 04/08/2020 by The CIBC Bank USA reported 111 jobs and $1,685,400 was used to fund payroll.

Morgan industrial, inc. is Existing or more than 2 years old

MORGAN INDUSTRIAL, INC.

Date Approved

04/08/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MORGAN INDUSTRIAL, INC.

Borrower Address

5602 NE Huffman Street

Borrower City

HILLSBORO

Borrower State

OR

Borrower Zip

97124

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1685400.00

Current Approval Amount

1685400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HILLSBORO

Project County Name

WASHINGTON

Project State

OR

Project Zip

97124-0001

CD

OR-01

Jobs Reported

111

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1685400.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1703870.14

Forgiveness Date

05/21/2021

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