PPP Loan information for Motion inc.

$81,478

Motion inc. was initially approved for PPP Loan of amount $81,478, the current approved amount is $81,478. The loan was approved on 01/28/2021 by The Liberty Bank reported 5 jobs and $81,478 was used to fund payroll.

Motion inc. is Existing or more than 2 years old

MOTION INC.

Date Approved

01/28/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

MOTION INC.

Borrower Address

2360 Main St Ste 201

Borrower City

Rocky Hill

Borrower State

CT

Borrower Zip

06067-2599

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

81477.50

Current Approval Amount

81477.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rocky Hill

Project County Name

HARTFORD

Project State

CT

Project Zip

06067-2599

CD

CT-01

Jobs Reported

5

NAICS Code

512110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81477.50

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

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82018.42

Forgiveness Date

10/06/2021

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