PPP Loan information for Morristown ford inc

$287,100

Morristown ford inc was initially approved for PPP Loan of amount $287,100, the current approved amount is $287,100. The loan was approved on 05/02/2021 by The Community Trust Bank, Inc. reported 26 jobs and $287,100 was used to fund payroll.

Morristown ford inc is Existing or more than 2 years old

MORRISTOWN FORD INC

Date Approved

05/02/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MORRISTOWN FORD INC

Borrower Address

1112 W Morris Blvd

Borrower City

Morristown

Borrower State

TN

Borrower Zip

37813-2027

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

287100.00

Current Approval Amount

287100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27783

Servicing Lender Name

Community Trust Bank, Inc.

Servicing Lender Address

346 N Mayo Trl

Servicing Lender City

PIKEVILLE

Servicing Lender State

KY

Servicing Lender Zip

41501-1847

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morristown

Project County Name

HAMBLEN

Project State

TN

Project Zip

37813-2027

CD

TN-01

Jobs Reported

26

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

287097.00

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

27783

Originating Lender

Community Trust Bank, Inc.

Originating Lender City

PIKEVILLE

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

289152.96

Forgiveness Date

01/21/2022

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