Murphy Industrial Coatings, Inc.

$1,500,000 PPP Loan in Signal Hill, California

Loan Details

Loan Number
3511307105
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,500,000
Current Approval
$1,500,000
Forgiveness Amount
$1,516,192
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Murphy Industrial Coatings, Inc.
Address
2704 Gundry Ave
ZIP Code
90755-1811
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$20.4M
Rural/Urban
Urban
Congressional District
CA-42

Loan Use Breakdown

Payroll
$1,429,000
Utilities
$30,000
Mortgage Interest
$17,500
Debt Interest
$23,500

Lender Information

Servicing Lender
American Business Bank
Originating Lender
American Business Bank

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