Applied Resources Inc, DBA Morsch Machine

$859,500 PPP Loan in Chandler, Arizona

Loan Details

Loan Number
1592337105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$859,500
Current Approval
$859,500
Forgiveness Amount
$864,872
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Applied Resources Inc, DBA Morsch Machine
Address
6985 W Frye Rd
State
Arizona
ZIP Code
85226-3313
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$18.3M
Rural/Urban
Urban
Congressional District
AZ-04

Loan Use Breakdown

Payroll
$859,500

Lender Information

Servicing Lender
Midfirst Bank
Originating Lender
Midfirst Bank

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