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Morris Industries

$407,000 PPP Loan in Powhatan, Virginia

Loan Details

Loan Number
6224487408
Date Approved
May 14, 2020
Loan Status
Paid in Full
Initial Approval
$407,000
Current Approval
$407,000
Forgiveness Amount
$409,107
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Morris Industries
Address
1916 Anderson Hwy
City
Powhatan
State
Virginia
ZIP Code
23139-7918
Business Type
Corporation
Industry (NAICS)
Construction (238120)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$6.5M
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$404,000
Utilities
$1,500
Mortgage Interest
$1,500

Lender Information

Servicing Lender
Citizens Bank and Trust Company
Originating Lender
Citizens Bank and Trust Company

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