PPP Loan information for Mot inc

$234,625

Mot inc was initially approved for PPP Loan of amount $234,625, the current approved amount is $234,625. The loan was approved on 04/09/2020 by The Synovus Bank reported 57 jobs and $234,625 was used to fund payroll.

Mot inc is Existing or more than 2 years old

MOT INC

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MOT INC

Borrower Address

1835 LOCKEWAY DR

Borrower City

ALPHARETTA

Borrower State

GA

Borrower Zip

30004-5928

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

234625.00

Current Approval Amount

234625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALPHARETTA

Project County Name

FORSYTH

Project State

GA

Project Zip

30004-5928

CD

GA-06

Jobs Reported

57

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

234625.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

236951.97

Forgiveness Date

04/08/2021

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