As part of the Paycheck Protection Program MORGAN DISTRIBUTING, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MORGAN DISTRIBUTING, INC


Loan Amount	$885,600
BusinessName	MORGAN DISTRIBUTING, INC
Address	3425 N 22nd St
City	DECATUR
State	IL
Zip	62526
NAICSCode	424710
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	70
DateApproved	04/08/2020
Lender	Commerce Bank
CD	IL-13
BusinessName.clean	MORGAN DISTRIBUTING

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MORGAN ELEVATOR COMPANY LTD
MORGAN ENGINEERING SYSTEMS
MORGAN ENGINEERING
MORGAN ENTERPRISE GROUNDS MAINTENANCE
MORGAN EXTERIORS