PPP Loan information for Motion products incorporated

$45,200

Motion products incorporated was initially approved for PPP Loan of amount $45,200, the current approved amount is $45,200. The loan was approved on 04/15/2020 by The Commerce Bank reported 3 jobs and $45,200 was used to fund payroll.

Motion products incorporated is Existing or more than 2 years old

MOTION PRODUCTS INCORPORATED

Date Approved

04/15/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

MOTION PRODUCTS INCORPORATED

Borrower Address

6009 Earnshaw

Borrower City

SHAWNEE

Borrower State

KS

Borrower Zip

66216

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45200.00

Current Approval Amount

45200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHAWNEE

Project County Name

JOHNSON

Project State

KS

Project Zip

66216-1100

CD

KS-03

Jobs Reported

3

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45200.00

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

Subchapter S Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45664.56

Forgiveness Date

04/28/2021

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