PPP Loan information for Momentum motorworks inc.

$134,118

Momentum motorworks inc. was initially approved for PPP Loan of amount $134,118, the current approved amount is $134,118. The loan was approved on 02/08/2021 by The Transportation Alliance Bank, Inc. d/b/a TAB Bank reported 10 jobs and $134,118 was used to fund payroll.

Momentum motorworks inc. is Existing or more than 2 years old

MOMENTUM MOTORWORKS INC.

Date Approved

02/08/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MOMENTUM MOTORWORKS INC.

Borrower Address

2075 Old Montgomery Hwy N/A

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35244-1676

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

134118.00

Current Approval Amount

134118.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123118

Servicing Lender Name

Transportation Alliance Bank, Inc. d/b/a TAB Bank

Servicing Lender Address

4185 Harrison Blvd, Ste 200

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84403-6400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

SHELBY

Project State

AL

Project Zip

35244-1676

CD

AL-06

Jobs Reported

10

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

134114.00

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

Subchapter S Corporation

Originating Lender Location Id

123118

Originating Lender

Transportation Alliance Bank, Inc. d/b/a TAB Bank

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

134892.90

Forgiveness Date

09/13/2021

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