PPP Loan information for Motorvation inc.

$7,175

Motorvation inc. was initially approved for PPP Loan of amount $7,175, the current approved amount is $7,175. The loan was approved on 02/22/2021 by The Patriot Bank reported 2 jobs and $7,175 was used to fund payroll.

Motorvation inc. is Existing or more than 2 years old

PPP Loan Search / TN / Millington / Motorvation inc.

MOTORVATION INC.

Date Approved

02/22/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MOTORVATION INC.

Borrower Address

1799 Crigger Rd

Borrower City

Millington

Borrower State

TN

Borrower Zip

38053-0455

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7175.00

Current Approval Amount

7175.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

323390

Servicing Lender Name

Patriot Bank

Servicing Lender Address

8376 Hwy 51 N

Servicing Lender City

MILLINGTON

Servicing Lender State

TN

Servicing Lender Zip

38053-1617

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Millington

Project County Name

TIPTON

Project State

TN

Project Zip

38053-0455

CD

TN-08

Jobs Reported

2

NAICS Code

423120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

7171.00

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

323390

Originating Lender

Patriot Bank

Originating Lender City

MILLINGTON

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7212.15

Forgiveness Date

09/02/2021

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