PPP Loan information for Motas floorcovering inc.

$387,937

Motas floorcovering inc. was initially approved for PPP Loan of amount $387,937, the current approved amount is $387,937. The loan was approved on 02/22/2021 by The U.S. Bank, National Association reported 30 jobs and $387,937 was used to fund payroll.

Motas floorcovering inc. is Existing or more than 2 years old

MOTAS FLOORCOVERING INC.

Date Approved

02/22/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

MOTAS FLOORCOVERING INC.

Borrower Address

4015 TRAIL RD

Borrower City

RIVERSIDE

Borrower State

CA

Borrower Zip

92505

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

387937.00

Current Approval Amount

387937.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIVERSIDE

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92505

CD

CA-41

Jobs Reported

30

NAICS Code

238330

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

387937.00

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

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

389521.08

Forgiveness Date

07/21/2021

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