PPP Loan information for Momentum motorworks inc

$135,000

Momentum motorworks inc was initially approved for PPP Loan of amount $135,000, the current approved amount is $135,000. The loan was approved on 04/09/2020 by The Cadence Bank reported 9 jobs and $135,000 was used to fund payroll.

Momentum motorworks inc is Existing or more than 2 years old

PPP Loan Search / AL / BIRMINGHAM / Momentum motorworks inc

MOMENTUM MOTORWORKS INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MOMENTUM MOTORWORKS INC

Borrower Address

2075 OLD MONTGOMERY HWY

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35244-1676

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135000.00

Current Approval Amount

135000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

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

9

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

135000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

136406.25

Forgiveness Date

05/17/2021

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