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 05/01/2020 by The Cross River Bank reported 30 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

05/01/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MORTON ELECTRIC, INC.

Borrower Address

27770 E. Highway 96 Lot 3

Borrower City

Pueblo

Borrower State

CO

Borrower Zip

81001

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316337.00

Current Approval Amount

316337.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Pueblo

Project County Name

PUEBLO

Project State

CO

Project Zip

81001-0001

CD

CO-03

Jobs Reported

30

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

316337.00

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

321320.39

Forgiveness Date

12/06/2021

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