PPP Loan information for Motocom inc

$49,032

Motocom inc was initially approved for PPP Loan of amount $68,182, the current approved amount is $49,032. The loan was approved on 03/16/2021 by The Itria Ventures LLC reported 10 jobs and $49,032 was used to fund payroll.

Motocom inc is Existing or more than 2 years old

MOTOCOM INC

Date Approved

03/16/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MOTOCOM INC

Borrower Address

42 Wooten Cove Rd

Borrower City

Weaverville

Borrower State

NC

Borrower Zip

28787-9338

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68182.00

Current Approval Amount

49032.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Weaverville

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28787-9338

CD

NC-11

Jobs Reported

10

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49028.00

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

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49267.63

Forgiveness Date

10/19/2021

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