PPP Loan information for Abstrakt motion usa

$48,738

Abstrakt motion usa was initially approved for PPP Loan of amount $48,738, the current approved amount is $48,738. The loan was approved on 01/30/2021 by The Waterman Bank reported 10 jobs and $48,738 was used to fund payroll.

Abstrakt motion usa is Existing or more than 2 years old

ABSTRAKT MOTION USA

Date Approved

01/30/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ABSTRAKT MOTION USA

Borrower Address

18207 E 9 Mile Rd

Borrower City

Eastpointe

Borrower State

MI

Borrower Zip

48021-1947

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48738.00

Current Approval Amount

48738.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22805

Servicing Lender Name

Waterman Bank

Servicing Lender Address

248 W Lincoln Hwy

Servicing Lender City

WATERMAN

Servicing Lender State

IL

Servicing Lender Zip

60556

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eastpointe

Project County Name

MACOMB

Project State

MI

Project Zip

48021-1947

CD

MI-10

Jobs Reported

10

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

48736.00

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

22805

Originating Lender

Waterman Bank

Originating Lender City

WATERMAN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48951.91

Forgiveness Date

07/14/2021

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