PPP Loan information for Morrells garage

$14,052

Morrells garage was initially approved for PPP Loan of amount $14,052, the current approved amount is $14,052. The loan was approved on 04/27/2020 by The The Farmers Bank of Appomattox reported 3 jobs and $14,052 was used to fund payroll.

Morrells garage is Existing or more than 2 years old

MORRELLS GARAGE

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MORRELLS GARAGE

Borrower Address

12416 RICHMOND HWY

Borrower City

CONCORD

Borrower State

VA

Borrower Zip

24538

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14052.00

Current Approval Amount

14052.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73072

Servicing Lender Name

The Farmers Bank of Appomattox

Servicing Lender Address

223 Main St

Servicing Lender City

APPOMATTOX

Servicing Lender State

VA

Servicing Lender Zip

24522-4108

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

CAMPBELL

Project State

VA

Project Zip

24538-0001

CD

VA-05

Jobs Reported

3

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3513.00

Payroll Proceed

10539.00

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

Sole Proprietorship

Originating Lender Location Id

73072

Originating Lender

The Farmers Bank of Appomattox

Originating Lender City

APPOMATTOX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14140.55

Forgiveness Date

12/16/2020

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