PPP borrower record

MOREL DISTRIBUTIONS INC. PPP loan record

Public SBA PPP loan record for MOREL DISTRIBUTIONS INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$52,022
Approved amount
$52,567
Forgiven amount
2020-05-01
Date approved

Borrower and loan details

Borrower
MOREL DISTRIBUTIONS INC.
Loan number
2543457703
Business type
Corporation
Business age
New Business or 2 years or less
Borrower city
Accokeek
Borrower state
Maryland
Borrower ZIP
20607
Jobs reported
46
Loan status
Exemption 4
Forgiveness date
2021-05-24
Servicing lender
JPMorgan Chase Bank, National Association
Originating lender
JPMorgan Chase Bank, National Association

Reported use of proceeds

Payroll
$37,022
Rent
N/A
Utilities
$10,000
Mortgage interest
N/A
Health care
N/A
Debt interest
$5,000

Location pages

Related directories

Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.