PPP Loan information for Motivating factor llc

$62,433

Motivating factor llc was initially approved for PPP Loan of amount $62,433, the current approved amount is $62,433. The loan was approved on 06/27/2020 by The Lendistry-Federal Reserve Contract reported 3 jobs and $62,433 was used to fund payroll.

Motivating factor llc is Existing or more than 2 years old

MOTIVATING FACTOR LLC

Date Approved

06/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOTIVATING FACTOR LLC

Borrower Address

3147 SETTINGSUN BLVD

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48607

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62433.00

Current Approval Amount

62433.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

596038

Servicing Lender Name

Lendistry-Federal Reserve Contract

Servicing Lender Address

777 South Alameda Street

Servicing Lender City

Los Angeles

Servicing Lender State

CA

Servicing Lender Zip

90021

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48607-1100

CD

MI-08

Jobs Reported

3

NAICS Code

611710

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62433.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50409.31

Forgiveness Date

10/25/2021

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