Morgan Electric Incorporated

$202,960 PPP Loan in Harahan, Louisiana

Loan Details

Loan Number
7858468405
Date Approved
Feb 12, 2021
Loan Status
Paid in Full
Initial Approval
$202,960
Current Approval
$202,960
Forgiveness Amount
$205,667
Forgiveness Date
Jun 22, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Morgan Electric Incorporated
Address
1200 Distributors Row
ZIP Code
70123-2214
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
LA-01

Loan Use Breakdown

Payroll
$202,958
Utilities
$1

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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