PPP Loan information for Morgan's auto, inc.

$31,200

Morgan's auto, inc. was initially approved for PPP Loan of amount $31,200, the current approved amount is $31,200. The loan was approved on 04/07/2020 by The Springs Valley Bank & Trust Company reported 6 jobs and $31,200 was used to fund payroll.

Morgan's auto, inc. is Existing or more than 2 years old

PPP Loan Search / IN / PAOLI / Morgan's auto, inc.

MORGAN'S AUTO, INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MORGAN'S AUTO, INC.

Borrower Address

308 N GOSPEL ST

Borrower City

PAOLI

Borrower State

IN

Borrower Zip

47454-1412

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31200.00

Current Approval Amount

31200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23165

Servicing Lender Name

Springs Valley Bank & Trust Company

Servicing Lender Address

8482 W State Road 56

Servicing Lender City

FRENCH LICK

Servicing Lender State

IN

Servicing Lender Zip

47432-9619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAOLI

Project County Name

ORANGE

Project State

IN

Project Zip

47454-1412

CD

IN-08

Jobs Reported

6

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31200.00

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

23165

Originating Lender

Springs Valley Bank & Trust Company

Originating Lender City

FRENCH LICK

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31393.27

Forgiveness Date

11/24/2020

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