Morelli Motors LLC

$368,012 PPP Loan in California, Maryland

Loan Details

Loan Number
4856898310
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$368,012
Current Approval
$368,012
Forgiveness Amount
$369,504
Forgiveness Date
Jun 28, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Morelli Motors LLC
Address
22757 Three Notch Rd
ZIP Code
20619-3073
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Nissan North America, Inc. - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$7.8M
Rural/Urban
Rural
Congressional District
MD-05

Loan Use Breakdown

Payroll
$368,010
Utilities
$1

Lender Information

Servicing Lender
Shore United Bank, National Association
Originating Lender
Shore United Bank, National Association

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