PPP Loan information for Motion machinery ltd

$127,110

Motion machinery ltd was initially approved for PPP Loan of amount $127,110, the current approved amount is $127,110. The loan was approved on 01/31/2021 by The Stellar Bank reported 9 jobs and $127,110 was used to fund payroll.

Motion machinery ltd is Existing or more than 2 years old

MOTION MACHINERY LTD

Date Approved

01/31/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

MOTION MACHINERY LTD

Borrower Address

909 E Main St

Borrower City

Tomball

Borrower State

TX

Borrower Zip

77375-6724

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

127110.40

Current Approval Amount

127110.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

451098

Servicing Lender Name

Stellar Bank

Servicing Lender Address

8727 W Sam Houston Pkwy North

Servicing Lender City

HOUSTON

Servicing Lender State

TX

Servicing Lender Zip

77040-5167

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tomball

Project County Name

HARRIS

Project State

TX

Project Zip

77375-6724

CD

TX-10

Jobs Reported

9

NAICS Code

532412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

127110.40

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

451098

Originating Lender

Stellar Bank

Originating Lender City

HOUSTON

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128106.10

Forgiveness Date

11/19/2021

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