Date Approved
01/27/2021
SBA Office Code
0303
Processing Method
PPS
Borrower Name
ELECTRIC MOTORS PLUS LLC
Borrower Address
31 Commerce Dr
Borrower City
Warminster
Borrower State
PA
Borrower Zip
18974-1510
Loan Status Date
02/19/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
57492.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
378591
Servicing Lender Name
Meridian Bank
Servicing Lender Address
9 Old Lincoln Hwy
Servicing Lender City
MALVERN
Servicing Lender State
Servicing Lender Zip
19355-2551
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BUCKS
Project State
Project Zip
CD
PA-01
Jobs Reported
4
NAICS Code
423690
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
57490.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
57957.17
Forgiveness Date
12/20/2021