PPP Loan information for Motts inc.

$27,993

Motts inc. was initially approved for PPP Loan of amount $27,993, the current approved amount is $27,993. The loan was approved on 04/13/2020 by The Village Bank and Trust, National Association reported 70 jobs and $27,993 was used to fund payroll.

Motts inc. is Existing or more than 2 years old

MOTTS INC.

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MOTTS INC.

Borrower Address

BLACKHAWK DR

Borrower City

MOUNT PROSPECT

Borrower State

IL

Borrower Zip

60056-3634

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27993.00

Current Approval Amount

27993.00

Undisbursed Amount

0.00

Franchise Name

SportClips

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PROSPECT

Project County Name

COOK

Project State

IL

Project Zip

60056-3634

CD

IL-05

Jobs Reported

70

NAICS Code

812111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1749.00

Payroll Proceed

20995.00

Mortgage Interest Proceed

0.00

Rent Proceed

1751.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1749.00

Debt Interest Proceed

1749

Business Type

Corporation

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28204.50

Forgiveness Date

01/20/2021

;