PPP Loan information for Motorvation incorporated

$7,040

Motorvation incorporated was initially approved for PPP Loan of amount $7,040, the current approved amount is $7,040. The loan was approved on 04/28/2020 by The Patriot Bank reported 2 jobs and $7,040 was used to fund payroll.

Motorvation incorporated is Existing or more than 2 years old

MOTORVATION INCORPORATED

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MOTORVATION INCORPORATED

Borrower Address

1799 Crigger Rd

Borrower City

MILLINGTON

Borrower State

TN

Borrower Zip

38053-0455

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7040.00

Current Approval Amount

7040.00

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

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7040.00

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

7091.69

Forgiveness Date

01/25/2021

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