Morel Industries, Inc.

$285,500 PPP Loan in Arlington, Washington

Loan Details

Loan Number
5429237108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$285,500
Current Approval
$285,500
Forgiveness Amount
$288,918
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morel Industries, Inc.
Address
17735 59th Ave NE
ZIP Code
98223-6446
Business Type
Corporation
Industry (NAICS)
Manufacturing (331524)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.9M
Rural/Urban
Urban
Congressional District
WA-01

Loan Use Breakdown

Payroll
$285,500

Lender Information

Servicing Lender
Homestreet Bank
Originating Lender
Homestreet Bank

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