PPP Loan information for Morris & sons cars inc

$58,400

Morris & sons cars inc was initially approved for PPP Loan of amount $58,400, the current approved amount is $58,400. The loan was approved on 04/29/2021 by The First-Citizens Bank & Trust Company reported 7 jobs and $58,400 was used to fund payroll.

Morris & sons cars inc is Existing or more than 2 years old

PPP Loan Search / NC / Black Mountain / Morris & sons cars inc

MORRIS & SONS CARS INC

Date Approved

04/29/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MORRIS & SONS CARS INC

Borrower Address

2960 US 70 Hwy

Borrower City

Black Mountain

Borrower State

NC

Borrower Zip

28711-9103

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58400.00

Current Approval Amount

58400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Black Mountain

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28711-9103

CD

NC-11

Jobs Reported

7

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

58396.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58648.00

Forgiveness Date

10/06/2021

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