PPP Loan information for Motion control technologies inc.

$75,000

Motion control technologies inc. was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/01/2021 by The TD Bank, National Association reported 11 jobs and $75,000 was used to fund payroll.

Motion control technologies inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Dover / Motion control technologies inc.

MOTION CONTROL TECHNOLOGIES INC.

Date Approved

04/01/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MOTION CONTROL TECHNOLOGIES INC.

Borrower Address

158 W Clinton St Ste Ff

Borrower City

Dover

Borrower State

NJ

Borrower Zip

07801-3410

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dover

Project County Name

MORRIS

Project State

NJ

Project Zip

07801-3410

CD

NJ-11

Jobs Reported

11

NAICS Code

332618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74999.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75439.58

Forgiveness Date

11/03/2021

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