PPP Loan information for Motion systems inc

$113,500

Motion systems inc was initially approved for PPP Loan of amount $113,500, the current approved amount is $113,500. The loan was approved on 04/29/2020 by The Northstar Bank reported 11 jobs and $113,500 was used to fund payroll.

Motion systems inc is Existing or more than 2 years old

PPP Loan Search / MI / WARREN / Motion systems inc

MOTION SYSTEMS INC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOTION SYSTEMS INC

Borrower Address

21335 Schoenherr

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48089-3332

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113500.00

Current Approval Amount

113500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222717

Servicing Lender Name

Northstar Bank

Servicing Lender Address

833 S Van Dyke Rd

Servicing Lender City

Bad Axe

Servicing Lender State

MI

Servicing Lender Zip

48413-9604

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48089-3332

CD

MI-10

Jobs Reported

11

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

113500.00

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

222717

Originating Lender

Northstar Bank

Originating Lender City

Bad Axe

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

114641.31

Forgiveness Date

04/29/2021

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