PPP Loan information for Momentum business capital inc

$48,000

Momentum business capital inc was initially approved for PPP Loan of amount $48,000, the current approved amount is $48,000. The loan was approved on 04/29/2020 by The OptimumBank reported 5 jobs and $48,000 was used to fund payroll.

Momentum business capital inc is Existing or more than 2 years old

PPP Loan Search / FL / Miami Beach / Momentum business capital inc

MOMENTUM BUSINESS CAPITAL INC

Date Approved

04/29/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MOMENTUM BUSINESS CAPITAL INC

Borrower Address

4014 Chase Ave, Suite 212

Borrower City

Miami Beach

Borrower State

FL

Borrower Zip

33140

Loan Status Date

Loan Status

Exemption 4

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48000.00

Current Approval Amount

48000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203277

Servicing Lender Name

OptimumBank

Servicing Lender Address

2929 E Commercial Blvd, Ste 101

Servicing Lender City

FORT LAUDERDALE

Servicing Lender State

FL

Servicing Lender Zip

33308-4041

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Miami Beach

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33140-0001

CD

FL-24

Jobs Reported

5

NAICS Code

522298

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36653.00

Mortgage Interest Proceed

0.00

Rent Proceed

11347.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

203277

Originating Lender

OptimumBank

Originating Lender City

FORT LAUDERDALE

Originating Lender State

FL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;