PPP Loan information for Motocom inc

$45,873

Motocom inc was initially approved for PPP Loan of amount $58,769, the current approved amount is $45,873. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 6 jobs and $45,873 was used to fund payroll.

Motocom inc is Existing or more than 2 years old

PPP Loan Search / NC / WEAVERVILLE / Motocom inc

MOTOCOM INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MOTOCOM INC

Borrower Address

42 WOOTEN COVE RD

Borrower City

WEAVERVILLE

Borrower State

NC

Borrower Zip

28787

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58769.00

Current Approval Amount

45873.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

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

28787-0001

CD

NC-11

Jobs Reported

6

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45873.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Veteran

Non Profit

Forgiveness Amount

46596.91

Forgiveness Date

12/06/2021

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