PPP Loan information for Morgan's auto salvage, llc

$30,000

Morgan's auto salvage, llc was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 04/07/2020 by The Springs Valley Bank & Trust Company reported 5 jobs and $30,000 was used to fund payroll.

Morgan's auto salvage, llc is Existing or more than 2 years old

MORGAN'S AUTO SALVAGE, LLC

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MORGAN'S AUTO SALVAGE, LLC

Borrower Address

1875 STATE ROAD 37

Borrower City

PAOLI

Borrower State

IN

Borrower Zip

47454-9704

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

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

Y

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

47454-9704

CD

IN-08

Jobs Reported

5

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30000.00

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

Limited Liability Company(LLC)

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

25154.86

Forgiveness Date

11/24/2020

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