PPP Loan information for Mo-te, inc.

$62,700

Mo-te, inc. was initially approved for PPP Loan of amount $62,700, the current approved amount is $62,700. The loan was approved on 04/28/2020 by The The Citizens Bank reported 5 jobs and $62,700 was used to fund payroll.

Mo-te, inc. is Existing or more than 2 years old

MO-TE, INC.

Date Approved

04/28/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MO-TE, INC.

Borrower Address

708 S TUCKER AVE

Borrower City

FARMINGTON

Borrower State

NM

Borrower Zip

87401-2228

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62700.00

Current Approval Amount

62700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45784

Servicing Lender Name

The Citizens Bank

Servicing Lender Address

500 W Broadway

Servicing Lender City

FARMINGTON

Servicing Lender State

NM

Servicing Lender Zip

87401-5986

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

SAN JUAN

Project State

NM

Project Zip

87401-2228

CD

NM-03

Jobs Reported

5

NAICS Code

213112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45784

Originating Lender

The Citizens Bank

Originating Lender City

FARMINGTON

Originating Lender State

NM

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

63088.22

Forgiveness Date

12/17/2020

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