PPP Loan information for Motion controls robotics, inc.

$721,500

Motion controls robotics, inc. was initially approved for PPP Loan of amount $721,500, the current approved amount is $721,500. The loan was approved on 04/11/2020 by The Signature Bank, National Association reported 55 jobs and $721,500 was used to fund payroll.

Motion controls robotics, inc. is Existing or more than 2 years old

PPP Loan Search / OH / FREMONT / Motion controls robotics, inc.

MOTION CONTROLS ROBOTICS, INC.

Date Approved

04/11/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MOTION CONTROLS ROBOTICS, INC.

Borrower Address

1500 WALTER AVE

Borrower City

FREMONT

Borrower State

OH

Borrower Zip

43420-1449

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

721500.00

Current Approval Amount

721500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

256729

Servicing Lender Name

Signature Bank, National Association

Servicing Lender Address

4607 W Sylvania Ave

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43623-3203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FREMONT

Project County Name

SANDUSKY

Project State

OH

Project Zip

43420-1449

CD

OH-09

Jobs Reported

55

NAICS Code

332999

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

721500.00

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

256729

Originating Lender

Signature Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

725690.63

Forgiveness Date

11/19/2020

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