PPP Loan information for Motion resources

$1,378,255

Motion resources was initially approved for PPP Loan of amount $1,378,255, the current approved amount is $1,378,255. The loan was approved on 04/28/2020 by The The State Bank reported 77 jobs and $1,378,255 was used to fund payroll.

Motion resources is Existing or more than 2 years old

PPP Loan Search / MI / Grand Blanc / Motion resources

MOTION RESOURCES

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOTION RESOURCES

Borrower Address

9487 Holly Rd Ste 301

Borrower City

Grand Blanc

Borrower State

MI

Borrower Zip

48439

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1378255.00

Current Approval Amount

1378255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Blanc

Project County Name

GENESEE

Project State

MI

Project Zip

48439-0899

CD

MI-05

Jobs Reported

77

NAICS Code

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1378255.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1386713.33

Forgiveness Date

12/14/2020

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