PPP Loan information for Morasch meats, inc.

$1,193,487

Morasch meats, inc. was initially approved for PPP Loan of amount $1,193,487, the current approved amount is $1,193,487. The loan was approved on 04/10/2020 by The BMO Harris Bank National Association reported 110 jobs and $1,193,487 was used to fund payroll.

Morasch meats, inc. is Existing or more than 2 years old

MORASCH MEATS, INC.

Date Approved

04/10/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MORASCH MEATS, INC.

Borrower Address

4050 NE 158TH AVE

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97230-5003

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1193487.48

Current Approval Amount

1193487.48

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97230-5003

CD

OR-03

Jobs Reported

110

NAICS Code

424420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1193487.48

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1200581.62

Forgiveness Date

11/23/2020

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