Morsi Automotive Corp

$35,000 PPP Loan in New Castle, Delaware

Loan Details

Loan Number
2017997309
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$35,000
Current Approval
$35,000
Forgiveness Amount
$35,225
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Morsi Automotive Corp
Address
3700 N. Dupont Hwy
ZIP Code
19720
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$26,250
Rent
$4,375
Utilities
$4,375

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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