PPP Loan information for Minot motorworks inc.

$60,000

Minot motorworks inc. was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 04/14/2020 by The MountainOne Bank reported 6 jobs and $60,000 was used to fund payroll.

Minot motorworks inc. is Existing or more than 2 years old

MINOT MOTORWORKS INC.

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MINOT MOTORWORKS INC.

Borrower Address

137 Old Ocean St

Borrower City

Marshfield

Borrower State

MA

Borrower Zip

02050-3109

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33181

Servicing Lender Name

MountainOne Bank

Servicing Lender Address

93 Main St

Servicing Lender City

NORTH ADAMS

Servicing Lender State

MA

Servicing Lender Zip

01247-3405

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marshfield

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02050-3109

CD

MA-09

Jobs Reported

6

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60000.00

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

Subchapter S Corporation

Originating Lender Location Id

33181

Originating Lender

MountainOne Bank

Originating Lender City

NORTH ADAMS

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60652.60

Forgiveness Date

05/25/2021

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