PPP Loan information for Motion & energy inc

$83,060

Motion & energy inc was initially approved for PPP Loan of amount $83,060, the current approved amount is $83,060. The loan was approved on 04/28/2020 by The American Express National Bank reported 9 jobs and $83,060 was used to fund payroll.

Motion & energy inc is Existing or more than 2 years old

PPP Loan Search / MA / Framingham / Motion & energy inc

MOTION & ENERGY INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MOTION & ENERGY INC

Borrower Address

113 Irving Street

Borrower City

Framingham

Borrower State

MA

Borrower Zip

01702

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83060.00

Current Approval Amount

83060.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Framingham

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01702-1400

CD

MA-05

Jobs Reported

9

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8306.00

Payroll Proceed

74754.00

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

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83503.75

Forgiveness Date

11/17/2020

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