PPP Loan information for Mota construction

$327,938

Mota construction was initially approved for PPP Loan of amount $327,938, the current approved amount is $327,938. The loan was approved on 02/04/2021 by The Cornerstone Bank reported 17 jobs and $327,938 was used to fund payroll.

Mota construction is Existing or more than 2 years old

PPP Loan Search / MA / Mendon / Mota construction

MOTA CONSTRUCTION

Date Approved

02/04/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MOTA CONSTRUCTION

Borrower Address

65 Cape Rd

Borrower City

Mendon

Borrower State

MA

Borrower Zip

01756-1117

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

327937.50

Current Approval Amount

327937.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mendon

Project County Name

WORCESTER

Project State

MA

Project Zip

01756-1117

CD

MA-04

Jobs Reported

17

NAICS Code

236115

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

327937.50

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

Corporation

Originating Lender Location Id

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

329950.67

Forgiveness Date

09/20/2021

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