PPP Loan information for Morrow automotive

$667,800

Morrow automotive was initially approved for PPP Loan of amount $667,800, the current approved amount is $667,800. The loan was approved on 04/11/2020 by The The Huntington National Bank reported 55 jobs and $667,800 was used to fund payroll.

Morrow automotive is Existing or more than 2 years old

MORROW AUTOMOTIVE

Date Approved

04/11/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

MORROW AUTOMOTIVE

Borrower Address

300 Ninth Avenue

Borrower City

BEAVER FALLS

Borrower State

PA

Borrower Zip

15010-4711

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

667800.00

Current Approval Amount

667800.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEAVER FALLS

Project County Name

BEAVER

Project State

PA

Project Zip

15010-4711

CD

PA-17

Jobs Reported

55

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

667800.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

673032.62

Forgiveness Date

02/09/2021

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