PPP Loan information for Morton auto parts inc

$22,305

Morton auto parts inc was initially approved for PPP Loan of amount $22,305, the current approved amount is $22,305. The loan was approved on 07/08/2020 by The Regions Bank reported 4 jobs and $22,305 was used to fund payroll.

Morton auto parts inc is Existing or more than 2 years old

MORTON AUTO PARTS INC

Date Approved

07/08/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MORTON AUTO PARTS INC

Borrower Address

4118 Hwy 42

Borrower City

BASSFIELD

Borrower State

MS

Borrower Zip

39421-4400

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

22305.00

Current Approval Amount

22305.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BASSFIELD

Project County Name

JEFFERSON DAVIS

Project State

MS

Project Zip

39421-4400

CD

MS-03

Jobs Reported

4

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

22305.00

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

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

22484.05

Forgiveness Date

04/28/2021

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