PPP Loan information for Morton grinding, inc.

$3,003,000

Morton grinding, inc. was initially approved for PPP Loan of amount $3,003,000, the current approved amount is $3,003,000. The loan was approved on 04/29/2020 by The Citizens Business Bank reported 224 jobs and $3,003,000 was used to fund payroll.

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

MORTON GRINDING, INC.

Date Approved

04/29/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MORTON GRINDING, INC.

Borrower Address

201 E. AVENUE K15

Borrower City

LANCASTER

Borrower State

CA

Borrower Zip

93535-4572

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3003000.00

Current Approval Amount

3003000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5095

Servicing Lender Name

Citizens Business Bank

Servicing Lender Address

701 N Haven Ave

Servicing Lender City

ONTARIO

Servicing Lender State

CA

Servicing Lender Zip

91764-4925

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

93535-4572

CD

CA-27

Jobs Reported

224

NAICS Code

332722

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3003000.00

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

5095

Originating Lender

Citizens Business Bank

Originating Lender City

ONTARIO

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3042573.78

Forgiveness Date

09/08/2021

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