PPP Loan information for Motonation llc

$88,247

Motonation llc was initially approved for PPP Loan of amount $88,248, the current approved amount is $88,247. The loan was approved on 04/15/2020 by The Cadence Bank reported 11 jobs and $88,247 was used to fund payroll.

Motonation llc is Existing or more than 2 years old

PPP Loan Search / TN / BOLIVAR / Motonation llc

MOTONATION LLC

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MOTONATION LLC

Borrower Address

16170 HIGHWAY 18

Borrower City

BOLIVAR

Borrower State

TN

Borrower Zip

38008

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88247.50

Current Approval Amount

88247.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BOLIVAR

Project County Name

HARDEMAN

Project State

TN

Project Zip

38008-0001

CD

TN-08

Jobs Reported

11

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88247.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88862.28

Forgiveness Date

01/12/2021

;