PPP Loan information for Moto electric inc

$54,900

Moto electric inc was initially approved for PPP Loan of amount $54,900, the current approved amount is $54,900. The loan was approved on 04/28/2020 by The Civista Bank reported 5 jobs and $54,900 was used to fund payroll.

Moto electric inc is Existing or more than 2 years old

PPP Loan Search / OH / NORWALK / Moto electric inc

MOTO ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MOTO ELECTRIC INC

Borrower Address

262 CLEVELAND RD

Borrower City

NORWALK

Borrower State

OH

Borrower Zip

44857-9024

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54900.00

Current Approval Amount

54900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58322

Servicing Lender Name

Civista Bank

Servicing Lender Address

100 E Water St

Servicing Lender City

SANDUSKY

Servicing Lender State

OH

Servicing Lender Zip

44870-2524

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORWALK

Project County Name

HURON

Project State

OH

Project Zip

44857-9024

CD

OH-05

Jobs Reported

5

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1100.00

Payroll Proceed

41300.00

Mortgage Interest Proceed

300.00

Rent Proceed

4900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7100.00

Debt Interest Proceed

200

Business Type

Corporation

Originating Lender Location Id

58322

Originating Lender

Civista Bank

Originating Lender City

SANDUSKY

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55572.53

Forgiveness Date

07/19/2021

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