PPP Loan information for Motivated enterprises inc

$276,200

Motivated enterprises inc was initially approved for PPP Loan of amount $276,200, the current approved amount is $276,200. The loan was approved on 04/28/2020 by The Regions Bank reported 56 jobs and $276,200 was used to fund payroll.

Motivated enterprises inc is Existing or more than 2 years old

PPP Loan Search / AL / Pelham / Motivated enterprises inc

MOTIVATED ENTERPRISES INC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MOTIVATED ENTERPRISES INC

Borrower Address

206 Chase Dr,

Borrower City

Pelham

Borrower State

AL

Borrower Zip

35124

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

276200.00

Current Approval Amount

276200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pelham

Project County Name

SHELBY

Project State

AL

Project Zip

35124-0001

CD

AL-06

Jobs Reported

56

NAICS Code

561499

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

276200.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

277592.35

Forgiveness Date

11/05/2020

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