PPP borrower record

MORLEY ELECTRIC INC. PPP loan record

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

$291,200
Approved amount
$293,442
Forgiven amount
2020-04-04
Date approved

Borrower and loan details

Borrower
MORLEY ELECTRIC INC.
Loan number
4846147003
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Delta Junction
Borrower state
Alaska
Borrower ZIP
99737
Jobs reported
16
Loan status
Exemption 4
Forgiveness date
2021-01-20
Servicing lender
Mt. McKinley Bank
Originating lender
Mt. McKinley Bank

Reported use of proceeds

Payroll
$291,200
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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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.