PPP Loan information for Morales auto repair incorporated

$10,240

Morales auto repair incorporated was initially approved for PPP Loan of amount $10,240, the current approved amount is $10,240. The loan was approved on 05/07/2021 by The Reading Co-Operative Bank reported 3 jobs and $10,240 was used to fund payroll.

Morales auto repair incorporated is Existing or more than 2 years old

PPP Loan Search / MA / Lawrence / Morales auto repair incorporated

MORALES AUTO REPAIR INCORPORATED

Date Approved

05/07/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MORALES AUTO REPAIR INCORPORATED

Borrower Address

320 S Broadway Unit 12

Borrower City

Lawrence

Borrower State

MA

Borrower Zip

01843-2638

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10240.00

Current Approval Amount

10240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89358

Servicing Lender Name

Reading Co-Operative Bank

Servicing Lender Address

180 Haven St

Servicing Lender City

READING

Servicing Lender State

MA

Servicing Lender Zip

01867-2921

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lawrence

Project County Name

ESSEX

Project State

MA

Project Zip

01843-2638

CD

MA-03

Jobs Reported

3

NAICS Code

811121

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

10237.00

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

89358

Originating Lender

Reading Co-Operative Bank

Originating Lender City

READING

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10275.27

Forgiveness Date

09/10/2021

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