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Morton Automatic Electric

$106,000 PPP Loan in Morton, Illinois

Loan Details

Loan Number
7587627003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$106,000
Current Approval
$106,000
Forgiveness Amount
$106,907
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morton Automatic Electric
Address
641 W David St
City
Morton
State
Illinois
ZIP Code
61550-1529
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$106,000

Lender Information

Servicing Lender
Morton Community Bank
Originating Lender
Morton Community Bank

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