PPP Loan information for Morgan tire service inc

$177,860

Morgan tire service inc was initially approved for PPP Loan of amount $177,860, the current approved amount is $177,860. The loan was approved on 04/28/2020 by The Wilmington Savings Fund Society, FSB reported 19 jobs and $177,860 was used to fund payroll.

Morgan tire service inc is Existing or more than 2 years old

MORGAN TIRE SERVICE INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MORGAN TIRE SERVICE INC

Borrower Address

813 Sunset Rd

Borrower City

Burlington

Borrower State

NJ

Borrower Zip

08016-3645

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177860.00

Current Approval Amount

177860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08016-3645

CD

NJ-03

Jobs Reported

19

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

177860.00

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179258.52

Forgiveness Date

02/10/2021

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