PPP Loan information for Morris motor service, inc

$680,900

Morris motor service, inc was initially approved for PPP Loan of amount $680,900, the current approved amount is $680,900. The loan was approved on 05/15/2020 by The First Merchants Bank reported 70 jobs and $680,900 was used to fund payroll.

Morris motor service, inc is Existing or more than 2 years old

MORRIS MOTOR SERVICE, INC

Date Approved

05/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MORRIS MOTOR SERVICE, INC

Borrower Address

10525 W US Highway 30 Bldg 7

Borrower City

Wanatah

Borrower State

IN

Borrower Zip

46390-9412

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

680900.00

Current Approval Amount

680900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wanatah

Project County Name

LA PORTE

Project State

IN

Project Zip

46390-9412

CD

IN-02

Jobs Reported

70

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

680900.00

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

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

685880.83

Forgiveness Date

02/16/2021

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