PPP Loan information for Motion concepts

$17,042

Motion concepts was initially approved for PPP Loan of amount $17,042, the current approved amount is $17,042. The loan was approved on 05/04/2020 by The Webster Bank National Association reported 3 jobs and $17,042 was used to fund payroll.

Motion concepts is Existing or more than 2 years old

MOTION CONCEPTS

Date Approved

05/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MOTION CONCEPTS

Borrower Address

585 Withrop ST

Borrower City

TAUNTON

Borrower State

MA

Borrower Zip

02780

Loan Status Date

12/17/2021

Loan Status

Charged Off

Term

5

SBA Guaranty Percentage

100

Initial Approval Amount

17042.00

Current Approval Amount

17042.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TAUNTON

Project County Name

BRISTOL

Project State

MA

Project Zip

02780-0001

CD

MA-04

Jobs Reported

3

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

17042.00

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

Sole Proprietorship

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;