Morrow Equipment Systems, Inc.

$27,500 PPP Loan in Normal, Illinois

Loan Details

Loan Number
5124757208
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$27,500
Current Approval
$27,500
Forgiveness Amount
$27,743
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morrow Equipment Systems, Inc.
Address
705 East Lincoln Street #111
City
Normal
ZIP Code
61761
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333922)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$22,000
Rent
$1,375
Utilities
$1,375
Health Care
$2,750

Lender Information

Servicing Lender
American Express National Bank
Originating Lender
American Express National Bank

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