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Morse Manufacturing Co, INC

$450,055 PPP Loan in Syracuse, New York

Loan Details

Loan Number
8269577109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$450,055
Current Approval
$450,055
Forgiveness Amount
$453,323
Forgiveness Date
Jan 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morse Manufacturing Co, INC
Address
103 Kuhn Road
City
Syracuse
State
New York
ZIP Code
13208
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333924)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$10.2M
Rural/Urban
Urban
Congressional District
NY-22

Loan Use Breakdown

Payroll
$365,783
Rent
$12,923
Utilities
$12,598
Health Care
$28,279
Debt Interest
$30,472

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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