Morrell's Electro Plating, Inc.
$1,470,800 PPP Loan in Compton, California
Loan Details
- Loan Number
- 1073377300
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,470,800
- Current Approval
- $1,470,800
- Forgiveness Amount
- $1,483,211
- Forgiveness Date
- Mar 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Morrell's Electro Plating, Inc.
- Address
- 436 East Euclid Avenue
- City
- Compton
- State
- California
- ZIP Code
- 90222-2801
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332813)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 172
- Estimated Revenue
- $42.0M
- Rural/Urban
- Urban
- Congressional District
- CA-43
Loan Use Breakdown
- Payroll
- $1,470,800
Lender Information
- Servicing Lender
- Farmers & Merchants Bank of Long Beach
- Originating Lender
- Farmers & Merchants Bank of Long Beach
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