Morgan Fabrics Corporation

$950,940 PPP Loan in Vernon, California

Loan Details

Loan Number
8784317204
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$950,940
Current Approval
$950,940
Forgiveness Amount
$956,203
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Morgan Fabrics Corporation
Address
4265 Exchange Ave
City
Vernon
ZIP Code
90058-2604
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424310)
Business Age
Existing or more than 2 years old
Jobs Reported
73
Estimated Revenue
$18.8M
Rural/Urban
Urban
Congressional District
CA-42

Loan Use Breakdown

Payroll
$950,940

Lender Information

Servicing Lender
Cathay Bank
Originating Lender
Cathay Bank

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