PPP Loan information for Motion auto & repair llc

$20,477

Motion auto & repair llc was initially approved for PPP Loan of amount $20,477, the current approved amount is $20,477. The loan was approved on 04/15/2020 by The Logan State Bank reported 2 jobs and $20,477 was used to fund payroll.

Motion auto & repair llc is Existing or more than 2 years old

MOTION AUTO & REPAIR LLC

Date Approved

04/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MOTION AUTO & REPAIR LLC

Borrower Address

503 ERIE ST

Borrower City

MISSOURI VALLEY

Borrower State

IA

Borrower Zip

51555-1420

Loan Status Date

04/20/2023

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20477.25

Current Approval Amount

20477.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25201

Servicing Lender Name

Logan State Bank

Servicing Lender Address

323 E Seventh St

Servicing Lender City

LOGAN

Servicing Lender State

IA

Servicing Lender Zip

51546-1350

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MISSOURI VALLEY

Project County Name

HARRISON

Project State

IA

Project Zip

51555-1420

CD

IA-04

Jobs Reported

2

NAICS Code

811198

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20477.25

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

Partnership

Originating Lender Location Id

25201

Originating Lender

Logan State Bank

Originating Lender City

LOGAN

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18237.79

Forgiveness Date

11/16/2021

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