As part of the Paycheck Protection Program MORGAN FABRICS CORPORATION 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 FABRICS CORPORATION


Loan Amount	$950,940
BusinessName	MORGAN FABRICS CORPORATION
Address	4265 EXCHANGE AVE
City	VERNON
State	CA
Zip	90058
NAICSCode	424310
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	73
DateApproved	04/28/2020
Lender	Cathay Bank
CD	CA-40
BusinessName.clean	MORGAN FABRICS

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 FUEL HEATING CO
MORGAN HARBOUR CONSTRUCTION
MORGAN HUNTER
MORGAN INDUSTRIAL
MORGAN INDUSTRIES