Morbern USA INC

$399,215 PPP Loan in High Point, North Carolina

Loan Details

Loan Number
9457987203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$399,215
Current Approval
$399,215
Forgiveness Amount
$357,830
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morbern USA INC
Address
401 Fraley Rd
ZIP Code
27263-1715
Business Type
Corporation
Industry (NAICS)
Manufacturing (313320)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$14.1M
Rural/Urban
Urban
Congressional District
NC-09

Loan Use Breakdown

Payroll
$399,215

Lender Information

Servicing Lender
Hsbc Bank Usa, National Association
Originating Lender
Hsbc Bank Usa, National Association

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