PPP Loan information for Morton electric inc

$316,337

Morton electric inc was initially approved for PPP Loan of amount $316,337, the current approved amount is $316,337. The loan was approved on 01/26/2021 by The InBank reported 32 jobs and $316,337 was used to fund payroll.

Morton electric inc is Existing or more than 2 years old

PPP Loan Search / CO / Pueblo / Morton electric inc

MORTON ELECTRIC INC

Date Approved

01/26/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

MORTON ELECTRIC INC

Borrower Address

1049 Meadow Ln

Borrower City

Pueblo

Borrower State

CO

Borrower Zip

81006-9519

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

316337.00

Current Approval Amount

316337.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45936

Servicing Lender Name

InBank

Servicing Lender Address

200 S 2nd St

Servicing Lender City

RATON

Servicing Lender State

NM

Servicing Lender Zip

87740-3908

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pueblo

Project County Name

PUEBLO

Project State

CO

Project Zip

81006-9519

CD

CO-03

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

316333.00

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

45936

Originating Lender

InBank

Originating Lender City

RATON

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

319096.16

Forgiveness Date

12/09/2021

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