Morgan Newton Company L.p.

$848,100 PPP Loan in Plano, Texas

Loan Details

Loan Number
4505567002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$848,100
Current Approval
$848,100
Forgiveness Amount
$855,097
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morgan Newton Company L.p.
Address
3401 Wynwood Dr
City
Plano
State
Texas
ZIP Code
75074-8306
Business Type
Partnership
Industry (NAICS)
Manufacturing (334413)
Business Age
Existing or more than 2 years old
Jobs Reported
98
Estimated Revenue
$25.7M
Rural/Urban
Urban
Congressional District
TX-32

Loan Use Breakdown

Payroll
$678,480
Utilities
$56,540
Health Care
$56,540
Mortgage Interest
$56,540

Lender Information

Servicing Lender
City Bank
Originating Lender
City Bank

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