Morton Grinding, Inc.

$3,003,000 PPP Loan in Lancaster, California

Loan Details

Loan Number
4126357303
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$3,003,000
Current Approval
$3,003,000
Forgiveness Amount
$3,042,574
Forgiveness Date
Sep 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morton Grinding, Inc.
Address
201 E. Avenue K15
ZIP Code
93535-4572
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332722)
Business Age
Existing or more than 2 years old
Jobs Reported
224
Estimated Revenue
$54.8M
Rural/Urban
Urban
Congressional District
CA-27

Loan Use Breakdown

Payroll
$3,003,000

Lender Information

Servicing Lender
Citizens Business Bank
Originating Lender
Citizens Business Bank

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