PPP Loan information for Morelli motors llc

$368,012

Morelli motors llc was initially approved for PPP Loan of amount $368,012, the current approved amount is $368,012. The loan was approved on 01/23/2021 by The Community Bank of the Chesapeake reported 31 jobs and $368,012 was used to fund payroll.

Morelli motors llc is Existing or more than 2 years old

PPP Loan Search / MD / California / Morelli motors llc

MORELLI MOTORS LLC

Date Approved

01/23/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MORELLI MOTORS LLC

Borrower Address

22757 Three Notch Rd

Borrower City

California

Borrower State

MD

Borrower Zip

20619-3073

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

368012.00

Current Approval Amount

368012.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

California

Project County Name

SAINT MARYS

Project State

MD

Project Zip

20619-3073

CD

MD-05

Jobs Reported

31

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

368010.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

369504.21

Forgiveness Date

06/28/2021

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