PPP Loan information for Morgan electric incorporated

$202,960

Morgan electric incorporated was initially approved for PPP Loan of amount $202,960, the current approved amount is $202,960. The loan was approved on 02/12/2021 by The JPMorgan Chase Bank, National Association reported 12 jobs and $202,960 was used to fund payroll.

Morgan electric incorporated is Existing or more than 2 years old

PPP Loan Search / LA / Harahan / Morgan electric incorporated

MORGAN ELECTRIC INCORPORATED

Date Approved

02/12/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MORGAN ELECTRIC INCORPORATED

Borrower Address

1200 Distributors Row

Borrower City

Harahan

Borrower State

LA

Borrower Zip

70123-2214

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

202960.00

Current Approval Amount

202960.00

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

Y

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

70123-2214

CD

LA-01

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

202958.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

205667.26

Forgiveness Date

06/22/2022

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