PPP Loan information for Motech corporation

$274,600

Motech corporation was initially approved for PPP Loan of amount $274,600, the current approved amount is $274,600. The loan was approved on 04/28/2020 by The East West Bank reported 28 jobs and $274,600 was used to fund payroll.

Motech corporation is Unanswered

PPP Loan Search / CA / TORRANCE / Motech corporation

MOTECH CORPORATION

Date Approved

04/28/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MOTECH CORPORATION

Borrower Address

2860 CALIFORNIA ST

Borrower City

TORRANCE

Borrower State

CA

Borrower Zip

90503-3908

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

274600.00

Current Approval Amount

274600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

TORRANCE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90503-3908

CD

CA-43

Jobs Reported

28

NAICS Code

454110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

274600.00

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

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

276178.95

Forgiveness Date

11/25/2020

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