PPP Loan information for Morkes inc.

$70,500

Morkes inc. was initially approved for PPP Loan of amount $70,500, the current approved amount is $70,500. The loan was approved on 01/31/2021 by The Union National Bank reported 15 jobs and $70,500 was used to fund payroll.

Morkes inc. is Existing or more than 2 years old

MORKES INC.

Date Approved

01/31/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MORKES INC.

Borrower Address

1890 N Rand Rd

Borrower City

Palatine

Borrower State

IL

Borrower Zip

60074-1130

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70500.00

Current Approval Amount

70500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palatine

Project County Name

COOK

Project State

IL

Project Zip

60074-1130

CD

IL-08

Jobs Reported

15

NAICS Code

445292

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

70497.00

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

Subchapter S Corporation

Originating Lender Location Id

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71064.00

Forgiveness Date

11/26/2021

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