PPP Loan information for Motorade inc

$20,000

Motorade inc was initially approved for PPP Loan of amount $21,450, the current approved amount is $20,000. The loan was approved on 05/04/2020 by The TD Bank, National Association reported 3 jobs and $20,000 was used to fund payroll.

Motorade inc is Existing or more than 2 years old

PPP Loan Search / CT / Milford / Motorade inc

MOTORADE INC

Date Approved

05/04/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MOTORADE INC

Borrower Address

190 woodmont rd

Borrower City

Milford

Borrower State

CT

Borrower Zip

06460

Loan Status Date

06/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21450.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milford

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06460-0001

CD

CT-03

Jobs Reported

3

NAICS Code

447110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17133.64

Forgiveness Date

02/23/2021

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