PPP Loan information for Motion mortgage inc

$149,100

Motion mortgage inc was initially approved for PPP Loan of amount $159,100, the current approved amount is $149,100. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $149,100 was used to fund payroll.

Motion mortgage inc is New Business or 2 years or less

PPP Loan Search / VA / STAFFORD / Motion mortgage inc

MOTION MORTGAGE INC

Date Approved

05/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MOTION MORTGAGE INC

Borrower Address

385 GARRISONVILLE RD STE 97

Borrower City

STAFFORD

Borrower State

VA

Borrower Zip

22554-1545

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159100.00

Current Approval Amount

149100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STAFFORD

Project County Name

STAFFORD

Project State

VA

Project Zip

22554-1545

CD

VA-07

Jobs Reported

10

NAICS Code

522390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

149100.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

152041.15

Forgiveness Date

04/22/2022

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