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Morlyn Asphalt Corp

$82,517 PPP Loan in Cochecton, New York

Loan Details

Loan Number
8574647102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$82,517
Current Approval
$82,517
Forgiveness Amount
$83,374
Forgiveness Date
May 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morlyn Asphalt Corp
Address
420 Bernas Road
City
Cochecton
State
New York
ZIP Code
12726
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (324121)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NY-19

Loan Use Breakdown

Payroll
$55,495
Utilities
$5,050
Health Care
$9,914
Mortgage Interest
$5,000
Debt Interest
$7,058

Lender Information

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

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