PPP Loan information for Morris automotive inc

$45,467

Morris automotive inc was initially approved for PPP Loan of amount $45,467, the current approved amount is $45,467. The loan was approved on 04/09/2020 by The Farmers and Merchants Bank reported 4 jobs and $45,467 was used to fund payroll.

Morris automotive inc is Existing or more than 2 years old

PPP Loan Search / AL / LANETT / Morris automotive inc

MORRIS AUTOMOTIVE INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MORRIS AUTOMOTIVE INC

Borrower Address

2111 VETERANS MEMORIAL PKWY

Borrower City

LANETT

Borrower State

AL

Borrower Zip

36863-4717

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45466.82

Current Approval Amount

45466.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2074

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

2 First St North E

Servicing Lender City

LAFAYETTE

Servicing Lender State

AL

Servicing Lender Zip

36862

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANETT

Project County Name

CHAMBERS

Project State

AL

Project Zip

36863-4717

CD

AL-03

Jobs Reported

4

NAICS Code

441310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

45466.82

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

2074

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAFAYETTE

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

45881.07

Forgiveness Date

03/05/2021

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