Morcor Industries

$55,700 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
8154397103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$55,700
Current Approval
$56,625
Forgiveness Amount
$57,025
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morcor Industries
Address
501 Davis Rd
City
Elgin
ZIP Code
60123
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (523930)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$56,625

Lender Information

Servicing Lender
Lendingclub Bank, National Association
Originating Lender
Lendingclub Bank, National Association

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