PPP Loan information for Motorworks inc.

$77,862

Motorworks inc. was initially approved for PPP Loan of amount $77,862, the current approved amount is $77,862. The loan was approved on 02/25/2021 by The Morris Bank reported 7 jobs and $77,862 was used to fund payroll.

Motorworks inc. is Existing or more than 2 years old

MOTORWORKS INC.

Date Approved

02/25/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

MOTORWORKS INC.

Borrower Address

3086 Mercer University Dr

Borrower City

Macon

Borrower State

GA

Borrower Zip

31204-5966

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77861.90

Current Approval Amount

77861.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19412

Servicing Lender Name

Morris Bank

Servicing Lender Address

301 Bellevue Ave

Servicing Lender City

DUBLIN

Servicing Lender State

GA

Servicing Lender Zip

31021-6105

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Macon

Project County Name

BIBB

Project State

GA

Project Zip

31204-5966

CD

GA-02

Jobs Reported

7

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77861.90

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

19412

Originating Lender

Morris Bank

Originating Lender City

DUBLIN

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78309.61

Forgiveness Date

09/29/2021

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