Morelli Hoskins Ford INC

$540,007 PPP Loan in Coatesville, Pennsylvania

Loan Details

Loan Number
2867397106
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$540,007
Current Approval
$540,008
Forgiveness Amount
$544,017
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morelli Hoskins Ford INC
Address
2601 East Lincoln Highway
ZIP Code
19320-2444
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$14.4M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$420,001
Rent
$68,007
Utilities
$7,000
Health Care
$45,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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