PPP Loan information for Motor factory llc

$46,250

Motor factory llc was initially approved for PPP Loan of amount $46,250, the current approved amount is $46,250. The loan was approved on 04/28/2020 by The Capital Community Bank reported 4 jobs and $46,250 was used to fund payroll.

Motor factory llc is New Business or 2 years or less

PPP Loan Search / UT / OREM / Motor factory llc

MOTOR FACTORY LLC

Date Approved

04/28/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MOTOR FACTORY LLC

Borrower Address

251 W 990 N

Borrower City

OREM

Borrower State

UT

Borrower Zip

84057-3177

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46250.00

Current Approval Amount

46250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118477

Servicing Lender Name

Capital Community Bank

Servicing Lender Address

3280 N University Ave

Servicing Lender City

PROVO

Servicing Lender State

UT

Servicing Lender Zip

84604-4405

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

OREM

Project County Name

UTAH

Project State

UT

Project Zip

84057-3177

CD

UT-03

Jobs Reported

4

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

46250.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

118477

Originating Lender

Capital Community Bank

Originating Lender City

PROVO

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46566.04

Forgiveness Date

01/07/2021

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