PPP Loan information for Motwc corp

$279,020

Motwc corp was initially approved for PPP Loan of amount $279,020, the current approved amount is $279,020. The loan was approved on 02/04/2021 by The Forbright Bank reported 27 jobs and $279,020 was used to fund payroll.

Motwc corp is Existing or more than 2 years old

PPP Loan Search / MD / Silver Spring / Motwc corp

MOTWC CORP

Date Approved

02/04/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

MOTWC CORP

Borrower Address

8701 Georgia Ave Ste LL1

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20910-3722

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

279020.00

Current Approval Amount

279020.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-3722

CD

MD-08

Jobs Reported

27

NAICS Code

621340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

279020.00

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

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

280965.39

Forgiveness Date

10/19/2021

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