Morell Engineering
$411,718 PPP Loan in Athens, Alabama
Loan Details
- Loan Number
- 1654477108
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $411,718
- Current Approval
- $411,718
- Forgiveness Amount
- $414,485
- Forgiveness Date
- Dec 16, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Morell Engineering
- Address
- 711 E Hobbs St
- City
- Athens
- State
- Alabama
- ZIP Code
- 35611-2152
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541330)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 27
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- AL-05
Loan Use Breakdown
- Payroll
- $385,597
- Rent
- $22,200
- Utilities
- $3,921
Lender Information
- Servicing Lender
- Bank Independent
- Originating Lender
- Bank Independent
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