Morel, Inc.

$1,018,700 PPP Loan in Portland, Oregon

Loan Details

Loan Number
1180777101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,018,700
Current Approval
$1,018,700
Forgiveness Amount
$1,024,645
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Morel, Inc.
Address
4824 NE 42nd Ave
State
Oregon
ZIP Code
97218-1610
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (323111)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$79.3M
Rural/Urban
Urban
Congressional District
OR-03

Loan Use Breakdown

Payroll
$1,018,700

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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