PPP Loan information for Moto electric inc

$53,985

Moto electric inc was initially approved for PPP Loan of amount $53,985, the current approved amount is $53,985. The loan was approved on 02/26/2021 by The Civista Bank reported 5 jobs and $53,985 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

02/26/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MOTO ELECTRIC INC

Borrower Address

262 Cleveland Rd

Borrower City

Norwalk

Borrower State

OH

Borrower Zip

44857-9024

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

53985.00

Current Approval Amount

53985.00

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

1.00

Payroll Proceed

53981.00

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

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

54596.83

Forgiveness Date

04/18/2022

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