PPP Loan information for Abilities in motion

$673,100

Abilities in motion was initially approved for PPP Loan of amount $673,100, the current approved amount is $673,100. The loan was approved on 05/22/2020 by The Manufacturers and Traders Trust Company reported 74 jobs and $673,100 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

05/22/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ABILITIES IN MOTION

Borrower Address

210 North 5th Street

Borrower City

Reading

Borrower State

PA

Borrower Zip

19601

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

673100.00

Current Approval Amount

673100.00

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

19601-1000

CD

PA-04

Jobs Reported

74

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6219.00

Payroll Proceed

535932.00

Mortgage Interest Proceed

0.00

Rent Proceed

24894.00

Refinance EIDL Proceed

0.00

Health Care Proceed

106055.00

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

676843.54

Forgiveness Date

12/22/2020

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