PPP Loan information for Morgan electric inc

$202,432

Morgan electric inc was initially approved for PPP Loan of amount $202,432, the current approved amount is $202,432. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 14 jobs and $202,432 was used to fund payroll.

Morgan electric inc is Existing or more than 2 years old

PPP Loan Search / LA / HARAHAN / Morgan electric inc

MORGAN ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MORGAN ELECTRIC INC

Borrower Address

1200 DISTRIBUTORS ROW

Borrower City

HARAHAN

Borrower State

LA

Borrower Zip

70123

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202432.00

Current Approval Amount

202432.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARAHAN

Project County Name

JEFFERSON

Project State

LA

Project Zip

70123-0800

CD

LA-01

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4052.00

Payroll Proceed

180390.00

Mortgage Interest Proceed

0.00

Rent Proceed

6200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11790.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

205071.60

Forgiveness Date

08/24/2021

;