PPP Loan Data — Morris Furniture Co., Inc., Fairborn, OH
Morris Furniture Co., Inc. is a corporation located at 2377 Commerce Center Blvd in Fairborn, Ohio that received a Coronavirus-related PPP loan from the SBA of $4,973,000.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:PNC BANK, NATIONAL ASSOCIATION
Morris Furniture Co., Inc. received a Paycheck Protection Loan of $4.97M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Morris Furniture Co., Inc.'s total 2019 payroll expenses were approximately $23.87M in order to qualify for the PPP loan amount received.
Unlike most businesses, Morris Furniture Co., Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Morris Furniture Co., Inc. in Fairborn, OH
2377 Commerce Center Blvd
Fairborn, OH 45324
Furniture Stores (NAICS code 442110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: NON-VETERANCongressional District: OH-10
Industry PPP Comparison Statistics
Nationwide, 10,527 businesses in the "Furniture Stores" industry received a total of $1,068,363,849.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, and received an average PPP loan of $101,488, 98% lower than this company's loan of $4.97M.
FederalPay's PPP Information Policy
Footnotes & Information
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