Morrison Institute of Technology

$231,725 PPP Loan in Morrison, Illinois

Loan Details

Loan Number
6792167110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$231,725
Current Approval
$231,725
Forgiveness Amount
$232,980
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Morrison Institute of Technology
Address
701 Portland Ave
ZIP Code
61270-2959
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611210)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$231,725

Lender Information

Servicing Lender
Farmers National Bank
Originating Lender
Farmers National Bank

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