# PPP loan: MORRIS AUTO PLAZA, INC.
> **$505K** approved 04/04/2020 · Paid in Full · Loan `4687567002`
## Borrower
- **Name:** MORRIS AUTO PLAZA, INC.
- **Address:** 5803 STATE HIGHWAY 29 S, ALEXANDRIA, MN, 56308-6029
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $505K
- **Initial approval:** $505K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $505K
- **Jobs reported:** 31
## Lender
- **Originating:** Viking Bank National Association
- **Servicing:** Viking Bank National Association (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*