PPP Loan information for Digital power & motion, llc

$51,534

Digital power & motion, llc was initially approved for PPP Loan of amount $51,534, the current approved amount is $51,534. The loan was approved on 04/14/2020 by The Royal Banks of Missouri reported 4 jobs and $51,534 was used to fund payroll.

Digital power & motion, llc is Existing or more than 2 years old

DIGITAL POWER & MOTION, LLC

Date Approved

04/14/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

DIGITAL POWER & MOTION, LLC

Borrower Address

1446 HOFF INDUSTRIAL CTR

Borrower City

O FALLON

Borrower State

MO

Borrower Zip

63366-1958

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51534.00

Current Approval Amount

51534.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41706

Servicing Lender Name

Royal Banks of Missouri

Servicing Lender Address

8021 Olive Blvd

Servicing Lender City

UNIVERSITY CITY

Servicing Lender State

MO

Servicing Lender Zip

63130-2022

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

O FALLON

Project County Name

SAINT CHARLES

Project State

MO

Project Zip

63366-1958

CD

MO-03

Jobs Reported

4

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2147.25

Payroll Proceed

38650.50

Mortgage Interest Proceed

2147.25

Rent Proceed

2147.25

Refinance EIDL Proceed

2147.25

Health Care Proceed

2147.25

Debt Interest Proceed

2147.25

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

41706

Originating Lender

Royal Banks of Missouri

Originating Lender City

UNIVERSITY CITY

Originating Lender State

MO

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51896.17

Forgiveness Date

12/31/2020

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