Morel Eyewear, Inc.

$396,310 PPP Loan in Wyckoff, New Jersey

Loan Details

Loan Number
2521707204
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$396,310
Current Approval
$396,310
Forgiveness Amount
$401,445
Forgiveness Date
Aug 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morel Eyewear, Inc.
Address
500 W Main St
ZIP Code
07481
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424990)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.4M
Rural/Urban
Urban
Congressional District
NJ-05

Loan Use Breakdown

Payroll
$316,810
Rent
$30,000
Utilities
$4,500
Health Care
$45,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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