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
- State
- New Jersey
- 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
Other PPP Loans in Union, NJ
| Business | Approved | |
|---|---|---|
| Peerless Beverage Corp | $4,580,000 | |
| Hillmann Consulting LLC | $3,214,472 | |
| Timco Inc. | $2,632,300 | |
| Raymond of New Jersey, LLC | $2,514,034 | |
| Jaeger Lumber & Supply Company, INC | $2,300,475 |
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