PPP Loan information for Morgan automotive inc

$246,670

Morgan automotive inc was initially approved for PPP Loan of amount $246,670, the current approved amount is $246,670. The loan was approved on 04/11/2020 by The S & T Bank reported 18 jobs and $246,670 was used to fund payroll.

Morgan automotive inc is Existing or more than 2 years old

MORGAN AUTOMOTIVE INC

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MORGAN AUTOMOTIVE INC

Borrower Address

850 LANCASTER RD

Borrower City

MANHEIM

Borrower State

PA

Borrower Zip

17545-2316

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

246670.00

Current Approval Amount

246670.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60403

Servicing Lender Name

S & T Bank

Servicing Lender Address

800 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3908

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANHEIM

Project County Name

LANCASTER

Project State

PA

Project Zip

17545-2316

CD

PA-11

Jobs Reported

18

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

246670.00

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

Subchapter S Corporation

Originating Lender Location Id

60403

Originating Lender

S & T Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

248567.99

Forgiveness Date

01/25/2021

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