PPP Loan information for Motion control systems llc

$190,000

Motion control systems llc was initially approved for PPP Loan of amount $190,000, the current approved amount is $190,000. The loan was approved on 01/23/2021 by The The Huntington National Bank reported 29 jobs and $190,000 was used to fund payroll.

Motion control systems llc is Existing or more than 2 years old

MOTION CONTROL SYSTEMS LLC

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MOTION CONTROL SYSTEMS LLC

Borrower Address

8246 Goldie St

Borrower City

Commerce Township

Borrower State

MI

Borrower Zip

48390-4108

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

190000.00

Current Approval Amount

190000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Commerce Township

Project County Name

OAKLAND

Project State

MI

Project Zip

48390-4108

CD

MI-11

Jobs Reported

29

NAICS Code

334419

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

189994.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

191540.82

Forgiveness Date

11/22/2021

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