Morton Fasteners, Inc.

$178,432 PPP Loan in Lancaster, California

Loan Details

Loan Number
3152987706
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$178,432
Current Approval
$178,432
Forgiveness Amount
$179,481
Forgiveness Date
Dec 4, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Morton Fasteners, Inc.
Address
4544 Runway Drive
ZIP Code
93536
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423710)
Business Age
Existing or more than 2 years old
Jobs Reported
150
Estimated Revenue
$46.0M
Rural/Urban
Urban
Congressional District
CA-27

Loan Use Breakdown

Payroll
$142,746
Rent
$10,000
Utilities
$5,000
Health Care
$15,686
Debt Interest
$5,000

Lender Information

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

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