PPP Loan information for Abilities in motion

$788,780

Abilities in motion was initially approved for PPP Loan of amount $788,780, the current approved amount is $788,780. The loan was approved on 03/12/2021 by The Manufacturers and Traders Trust Company reported 73 jobs and $788,780 was used to fund payroll.

Abilities in motion is Existing or more than 2 years old

PPP Loan Search / PA / Reading / Abilities in motion

ABILITIES IN MOTION

Date Approved

03/12/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ABILITIES IN MOTION

Borrower Address

210 N.5th Street

Borrower City

Reading

Borrower State

PA

Borrower Zip

19601

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

788780.00

Current Approval Amount

788780.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

BERKS

Project State

PA

Project Zip

19601

CD

PA-06

Jobs Reported

73

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

788776.00

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

Non-Profit Organization

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

792108.00

Forgiveness Date

08/18/2021

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