PPP Loan information for Motor systems incorporated

$573,800

Motor systems incorporated was initially approved for PPP Loan of amount $573,800, the current approved amount is $573,800. The loan was approved on 04/06/2020 by The First Financial Bank reported 37 jobs and $573,800 was used to fund payroll.

Motor systems incorporated is Existing or more than 2 years old

PPP Loan Search / OH / MILFORD / Motor systems incorporated

MOTOR SYSTEMS INCORPORATED

Date Approved

04/06/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MOTOR SYSTEMS INCORPORATED

Borrower Address

460 Milford Parkway

Borrower City

MILFORD

Borrower State

OH

Borrower Zip

45150-9104

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

573800.00

Current Approval Amount

573800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57811

Servicing Lender Name

First Financial Bank

Servicing Lender Address

255 E Fifth St Ste 700

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-4700

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MILFORD

Project County Name

CLERMONT

Project State

OH

Project Zip

45150-9104

CD

OH-02

Jobs Reported

37

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

573800.00

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

57811

Originating Lender

First Financial Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

577289.96

Forgiveness Date

11/27/2020

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