Morgan Engineering Systems, Inc.
$1,507,400 PPP Loan in Alliance, Ohio
Loan Details
- Loan Number
- 5526247004
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,507,400
- Current Approval
- $1,507,400
- Forgiveness Amount
- $1,518,509
- Forgiveness Date
- Jan 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Morgan Engineering Systems, Inc.
- Address
- 1049 South Mahoning Ave
- City
- Alliance
- State
- Ohio
- ZIP Code
- 44601-3212
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333923)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 110
- Estimated Revenue
- $28.8M
- Rural/Urban
- Urban
- Congressional District
- OH-06
Loan Use Breakdown
- Payroll
- $1,507,400
Lender Information
- Servicing Lender
- The Huntington National Bank
- Originating Lender
- The Huntington National Bank
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|---|---|---|
| Robertson Heating Supply Co. of Ohio | $3,999,000 | |
| Steel Equipment Specialists, LLC | $2,912,200 | |
| Coastal Pet Products, Inc. | $2,830,588 | |
| Trilogy Plastics, Inc. | $1,625,000 | |
| Hvvg Holdings II LLC | $1,098,700 |
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