PPP Loan information for Moti 1 inc

$12,250

Moti 1 inc was initially approved for PPP Loan of amount $12,250, the current approved amount is $12,250. The loan was approved on 04/14/2020 by The Eastern Bank reported 2 jobs and $12,250 was used to fund payroll.

Moti 1 inc is Existing or more than 2 years old

PPP Loan Search / MA / AMHERST / Moti 1 inc

MOTI 1 INC

Date Approved

04/14/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

MOTI 1 INC

Borrower Address

41 BOLTWOOD WALK

Borrower City

AMHERST

Borrower State

MA

Borrower Zip

01002

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12250.00

Current Approval Amount

12250.00

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

01002-0001

CD

MA-02

Jobs Reported

2

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12250.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12376.92

Forgiveness Date

05/06/2021

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