PPP Loan information for Morelock motors inc

$23,290

Morelock motors inc was initially approved for PPP Loan of amount $23,290, the current approved amount is $23,290. The loan was approved on 04/09/2020 by The CBBC Bank reported 2 jobs and $23,290 was used to fund payroll.

Morelock motors inc is Existing or more than 2 years old

PPP Loan Search / TN / Maryville / Morelock motors inc

MORELOCK MOTORS INC

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MORELOCK MOTORS INC

Borrower Address

2525 E Lamar Alexander Pkwy

Borrower City

Maryville

Borrower State

TN

Borrower Zip

37804-5314

Loan Status Date

11/13/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23290.00

Current Approval Amount

23290.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67211

Servicing Lender Name

CBBC Bank

Servicing Lender Address

330 E Broadway

Servicing Lender City

MARYVILLE

Servicing Lender State

TN

Servicing Lender Zip

37804-5732

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Maryville

Project County Name

BLOUNT

Project State

TN

Project Zip

37804-5314

CD

TN-02

Jobs Reported

2

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

23290.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67211

Originating Lender

CBBC Bank

Originating Lender City

MARYVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23402.57

Forgiveness Date

10/08/2020

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