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Morgan Asphalt Inc.

$2,000,000 PPP Loan in Magna, Utah

Loan Details

Loan Number
6443228407
Date Approved
Feb 10, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,013,260
Forgiveness Date
Oct 13, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Morgan Asphalt Inc.
Address
7620 W Highway 201
City
Magna
State
Utah
ZIP Code
84044-1882
Business Type
Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
200
Estimated Revenue
$62.0M
Rural/Urban
Urban
Congressional District
UT-02

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Glacier Bank
Originating Lender
Glacier Bank

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