Morrells Electro Plating INC

$1,172,863 PPP Loan in Compton, California

Loan Details

Loan Number
1322828607
Date Approved
Mar 13, 2021
Loan Status
Paid in Full
Initial Approval
$1,172,863
Current Approval
$1,172,863
Forgiveness Amount
$1,181,571
Forgiveness Date
Dec 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Morrells Electro Plating INC
Address
436 E Euclid Ave
ZIP Code
90222
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332813)
Business Age
Existing or more than 2 years old
Jobs Reported
133
Estimated Revenue
$32.5M
Rural/Urban
Urban
Congressional District
CA-44

Loan Use Breakdown

Payroll
$1,172,858
Utilities
$1

Lender Information

Servicing Lender
Farmers & Merchants Bank of Long Beach
Originating Lender
Farmers & Merchants Bank of Long Beach

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