PPP Loan information for Morton fasteners, inc.

$178,432

Morton fasteners, inc. was initially approved for PPP Loan of amount $178,432, the current approved amount is $178,432. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 150 jobs and $178,432 was used to fund payroll.

Morton fasteners, inc. is Existing or more than 2 years old

MORTON FASTENERS, INC.

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MORTON FASTENERS, INC.

Borrower Address

4544 RUNWAY DRIVE

Borrower City

LANCASTER

Borrower State

CA

Borrower Zip

93536

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178432.00

Current Approval Amount

178432.00

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

LANCASTER

Project County Name

LOS ANGELES

Project State

CA

Project Zip

93536-1000

CD

CA-27

Jobs Reported

150

NAICS Code

423710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

142746.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15686.00

Debt Interest Proceed

5000

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

179481.18

Forgiveness Date

12/04/2020

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