Morgal Machine Tool Co.
$1,043,652 PPP Loan in Springfield, Ohio
Loan Details
- Loan Number
- 8240097005
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,043,652
- Current Approval
- $1,043,652
- Forgiveness Amount
- $1,050,028
- Forgiveness Date
- Dec 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Morgal Machine Tool Co.
- Address
- 2100 S Yellow Springs St
- City
- Springfield
- State
- Ohio
- ZIP Code
- 45506-3354
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (336370)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 87
- Estimated Revenue
- $22.8M
- Rural/Urban
- Urban
- Congressional District
- OH-10
Loan Use Breakdown
- Payroll
- $933,708
- Rent
- $35,120
- Utilities
- $41,120
- Mortgage Interest
- $33,704
Lender Information
- Servicing Lender
- The Park National Bank
- Originating Lender
- The Park National Bank
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