PPP Loan information for Applied motion systems, inc.

$948,334

Applied motion systems, inc. was initially approved for PPP Loan of amount $948,334, the current approved amount is $948,334. The loan was approved on 04/05/2020 by The Riverview Bank reported 56 jobs and $948,334 was used to fund payroll.

Applied motion systems, inc. is Existing or more than 2 years old

APPLIED MOTION SYSTEMS, INC.

Date Approved

04/05/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

APPLIED MOTION SYSTEMS, INC.

Borrower Address

1450 NE 138TH AVE

Borrower City

VANCOUVER

Borrower State

WA

Borrower Zip

98684-7313

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

948334.00

Current Approval Amount

948334.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84480

Servicing Lender Name

Riverview Bank

Servicing Lender Address

900 Washington, Ste 100

Servicing Lender City

VANCOUVER

Servicing Lender State

WA

Servicing Lender Zip

98660-3419

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VANCOUVER

Project County Name

CLARK

Project State

WA

Project Zip

98684-7313

CD

WA-03

Jobs Reported

56

NAICS Code

541690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

711252.00

Mortgage Interest Proceed

0.00

Rent Proceed

237082.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

84480

Originating Lender

Riverview Bank

Originating Lender City

VANCOUVER

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

953628.86

Forgiveness Date

11/05/2020

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