Morre-Tec Industries Inc.

$480,425 PPP Loan in Union, New Jersey

Loan Details

Loan Number
8862457708
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$480,425
Current Approval
$480,425
Forgiveness Amount
$485,664
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morre-Tec Industries Inc.
Address
1 Gary Rd
City
Union
ZIP Code
07083
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424690)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.2M
Rural/Urban
Urban
Congressional District
NJ-10

Loan Use Breakdown

Payroll
$480,425

Lender Information

Servicing Lender
Cross River Bank
Originating Lender
Cross River Bank

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