PPP Loan information for Motmanco inc.

$986,854

Motmanco inc. was initially approved for PPP Loan of amount $782,120, the current approved amount is $986,854. The loan was approved on 04/06/2020 by The Farmers and Merchants Bank reported 151 jobs and $986,854 was used to fund payroll.

Motmanco inc. is Existing or more than 2 years old

MOTMANCO INC.

Date Approved

04/06/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MOTMANCO INC.

Borrower Address

PO BOX 1509

Borrower City

VALDOSTA

Borrower State

GA

Borrower Zip

31603-1509

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

782120.00

Current Approval Amount

986853.58

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19521

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

4 N Carter St

Servicing Lender City

LAKELAND

Servicing Lender State

GA

Servicing Lender Zip

31635-5678

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VALDOSTA

Project County Name

LOWNDES

Project State

GA

Project Zip

31603-1509

CD

GA-08

Jobs Reported

151

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

986853.58

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

19521

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAKELAND

Originating Lender State

GA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

999682.68

Forgiveness Date

07/28/2021

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