PPP Loan information for Morrisons auto inc.

$796,400

Morrisons auto inc. was initially approved for PPP Loan of amount $796,400, the current approved amount is $796,400. The loan was approved on 04/08/2020 by The Johnson Bank reported 88 jobs and $796,400 was used to fund payroll.

Morrisons auto inc. is Existing or more than 2 years old

MORRISONS AUTO INC.

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MORRISONS AUTO INC.

Borrower Address

6307 STATE ROAD 59

Borrower City

EDGERTON

Borrower State

WI

Borrower Zip

53534-9420

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

796400.00

Current Approval Amount

796400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDGERTON

Project County Name

ROCK

Project State

WI

Project Zip

53534-9420

CD

WI-02

Jobs Reported

88

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

99550.00

Payroll Proceed

597300.00

Mortgage Interest Proceed

0.00

Rent Proceed

99550.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

801571.15

Forgiveness Date

12/10/2020

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