PPP Loan information for Moti 1 inc

$17,493

Moti 1 inc was initially approved for PPP Loan of amount $17,493, the current approved amount is $17,493. The loan was approved on 02/22/2021 by The Eastern Bank reported 1 jobs and $17,493 was used to fund payroll.

Moti 1 inc is Existing or more than 2 years old

MOTI 1 INC

Date Approved

02/22/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

MOTI 1 INC

Borrower Address

41 Boltwood Walk

Borrower City

Amherst

Borrower State

MA

Borrower Zip

01002-2112

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

17493.00

Current Approval Amount

17493.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Amherst

Project County Name

HAMPSHIRE

Project State

MA

Project Zip

01002-2112

CD

MA-02

Jobs Reported

1

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

17491.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17637.80

Forgiveness Date

12/22/2021

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