Morton Farms LLC

$34,900 PPP Loan in Alto, Texas

Loan Details

Loan Number
1349987101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$34,900
Current Approval
$34,900
Forgiveness Amount
$35,129
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morton Farms LLC
Address
7551 US Highway 69 S
City
Alto
State
Texas
ZIP Code
75925-6617
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112320)
Business Age
New Business or 2 years or less
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-06

Loan Use Breakdown

Payroll
$27,922
Utilities
$3,489
Mortgage Interest
$3,489

Lender Information

Servicing Lender
Commercial Bank of Texas, N.a.
Originating Lender
Commercial Bank of Texas, N.a.

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