PPP Loan information for Motive rail inc

$209,110

Motive rail inc was initially approved for PPP Loan of amount $209,110, the current approved amount is $209,110. The loan was approved on 04/14/2020 by The Bank of Hillsboro, National Association reported 18 jobs and $209,110 was used to fund payroll.

Motive rail inc is Existing or more than 2 years old

PPP Loan Search / MO / CAPE GIRARDEAU / Motive rail inc

MOTIVE RAIL INC

Date Approved

04/14/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MOTIVE RAIL INC

Borrower Address

99 S LOUISIANA ST

Borrower City

CAPE GIRARDEAU

Borrower State

MO

Borrower Zip

63703-6048

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

209110.00

Current Approval Amount

209110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22110

Servicing Lender Name

Bank of Hillsboro, National Association

Servicing Lender Address

230 S Main St

Servicing Lender City

HILLSBORO

Servicing Lender State

IL

Servicing Lender Zip

62049-1131

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAPE GIRARDEAU

Project County Name

CAPE GIRARDEAU

Project State

MO

Project Zip

63703-6048

CD

MO-08

Jobs Reported

18

NAICS Code

482111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

209110.00

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

22110

Originating Lender

Bank of Hillsboro, National Association

Originating Lender City

HILLSBORO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

211625.05

Forgiveness Date

07/07/2021

;