PPP Loan information for Morries minnetonka ford lincoln, llc

$1,435,232

Morries minnetonka ford lincoln, llc was initially approved for PPP Loan of amount $1,435,232, the current approved amount is $1,435,232. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 105 jobs and $1,435,232 was used to fund payroll.

Morries minnetonka ford lincoln, llc is Existing or more than 2 years old

MORRIES MINNETONKA FORD LINCOLN, LLC

Date Approved

04/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MORRIES MINNETONKA FORD LINCOLN, LLC

Borrower Address

13400 Wayzata Blvd 0.0

Borrower City

Minnetonka

Borrower State

MN

Borrower Zip

55305-1848

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1435232.00

Current Approval Amount

1435232.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minnetonka

Project County Name

HENNEPIN

Project State

MN

Project Zip

55305-1848

CD

MN-03

Jobs Reported

105

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26516.00

Payroll Proceed

1058701.00

Mortgage Interest Proceed

0.00

Rent Proceed

213090.00

Refinance EIDL Proceed

0.00

Health Care Proceed

98435.00

Debt Interest Proceed

38490

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1451485.21

Forgiveness Date

06/11/2021

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