PPP Loan information for Morton electric inc.

$194,751

Morton electric inc. was initially approved for PPP Loan of amount $194,751, the current approved amount is $194,751. The loan was approved on 01/22/2021 by The Zions Bank, A Division of reported 17 jobs and $194,751 was used to fund payroll.

Morton electric inc. is Existing or more than 2 years old

PPP Loan Search / UT / Vernal / Morton electric inc.

MORTON ELECTRIC INC.

Date Approved

01/22/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

MORTON ELECTRIC INC.

Borrower Address

2298 E 3200 S

Borrower City

Vernal

Borrower State

UT

Borrower Zip

84078-9035

Loan Status Date

03/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

194751.00

Current Approval Amount

194751.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vernal

Project County Name

UINTAH

Project State

UT

Project Zip

84078-9035

CD

UT-03

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

194749.00

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

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196842.57

Forgiveness Date

02/23/2022

;