PPP Loan information for Morco

$102,132

Morco was initially approved for PPP Loan of amount $102,132, the current approved amount is $102,132. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 10 jobs and $102,132 was used to fund payroll.

Morco is New Business or 2 years or less

PPP Loan Search / CA / TORRANCE / Morco

MORCO

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MORCO

Borrower Address

3440 LOMITA BLVD SUITE 149

Borrower City

TORRANCE

Borrower State

CA

Borrower Zip

90505

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102132.00

Current Approval Amount

102132.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

TORRANCE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90505-0001

CD

CA-36

Jobs Reported

10

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102132.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

103153.32

Forgiveness Date

05/06/2021

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