PPP Loan information for Momentum drives llc

$31,013

Momentum drives llc was initially approved for PPP Loan of amount $31,013, the current approved amount is $31,013. The loan was approved on 01/26/2021 by The Everett Co-operative Bank reported 4 jobs and $31,013 was used to fund payroll.

Momentum drives llc is Existing or more than 2 years old

MOMENTUM DRIVES LLC

Date Approved

01/26/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

MOMENTUM DRIVES LLC

Borrower Address

11 Buttonwood Dr

Borrower City

Derry

Borrower State

NH

Borrower Zip

03038-3817

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31012.50

Current Approval Amount

31012.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89066

Servicing Lender Name

Everett Co-operative Bank

Servicing Lender Address

419 Broadway

Servicing Lender City

EVERETT

Servicing Lender State

MA

Servicing Lender Zip

02149-3435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Derry

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03038-3817

CD

NH-01

Jobs Reported

4

NAICS Code

485320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

31007.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

89066

Originating Lender

Everett Co-operative Bank

Originating Lender City

EVERETT

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31226.61

Forgiveness Date

11/03/2021

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