PPP Loan information for Motors and controls, inc.

$47,300

Motors and controls, inc. was initially approved for PPP Loan of amount $47,300, the current approved amount is $47,300. The loan was approved on 04/29/2020 by The Capital One, National Association reported 5 jobs and $47,300 was used to fund payroll.

Motors and controls, inc. is Existing or more than 2 years old

PPP Loan Search / LA / Kenner / Motors and controls, inc.

MOTORS AND CONTROLS, INC.

Date Approved

04/29/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MOTORS AND CONTROLS, INC.

Borrower Address

2504 DELAWARE AVE

Borrower City

Kenner

Borrower State

LA

Borrower Zip

70062

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47300.00

Current Approval Amount

47300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28811

Servicing Lender Name

Capital One, National Association

Servicing Lender Address

1680 Capital One Dr

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-3407

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kenner

Project County Name

JEFFERSON

Project State

LA

Project Zip

70062-3400

CD

LA-02

Jobs Reported

5

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47300.00

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

Non-Profit Organization

Originating Lender Location Id

28811

Originating Lender

Capital One, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

47907.02

Forgiveness Date

08/17/2021

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