PPP Loan information for Moto-biz inc

$1,106,828

Moto-biz inc was initially approved for PPP Loan of amount $1,106,828, the current approved amount is $1,106,828. The loan was approved on 04/29/2020 by The American Express National Bank reported 143 jobs and $1,106,828 was used to fund payroll.

Moto-biz inc is Existing or more than 2 years old

PPP Loan Search / OR / Portland / Moto-biz inc

MOTO-BIZ INC

Date Approved

04/29/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MOTO-BIZ INC

Borrower Address

1018 Southeast 8th Avenue

Borrower City

Portland

Borrower State

OR

Borrower Zip

97214

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1106827.50

Current Approval Amount

1106827.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97214-0001

CD

OR-03

Jobs Reported

143

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

55341.38

Payroll Proceed

830120.61

Mortgage Interest Proceed

55341.38

Rent Proceed

166024.13

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1114590.45

Forgiveness Date

01/20/2021

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