PPP Loan information for Morelli hoskins ford inc

$540,008

Morelli hoskins ford inc was initially approved for PPP Loan of amount $540,007, the current approved amount is $540,008. The loan was approved on 04/11/2020 by The Manufacturers and Traders Trust Company reported 57 jobs and $540,008 was used to fund payroll.

Morelli hoskins ford inc is Existing or more than 2 years old

MORELLI HOSKINS FORD INC

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MORELLI HOSKINS FORD INC

Borrower Address

2601 East Lincoln Highway

Borrower City

COATESVILLE

Borrower State

PA

Borrower Zip

19320-2444

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

540007.00

Current Approval Amount

540007.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COATESVILLE

Project County Name

CHESTER

Project State

PA

Project Zip

19320-2444

CD

PA-06

Jobs Reported

57

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7000.00

Payroll Proceed

420000.50

Mortgage Interest Proceed

0.00

Rent Proceed

68007.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

544016.87

Forgiveness Date

01/12/2021

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