PPP Loan information for District mot corp.

$112,750

District mot corp. was initially approved for PPP Loan of amount $112,750, the current approved amount is $112,750. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 300 jobs and $112,750 was used to fund payroll.

District mot corp. is Existing or more than 2 years old

DISTRICT MOT CORP.

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

DISTRICT MOT CORP.

Borrower Address

3715 BROADWAY

Borrower City

ASTORIA

Borrower State

NY

Borrower Zip

11103

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112750.00

Current Approval Amount

112750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASTORIA

Project County Name

QUEENS

Project State

NY

Project Zip

11103-0001

CD

NY-14

Jobs Reported

300

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2750.00

Payroll Proceed

90000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114032.97

Forgiveness Date

06/24/2021

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