PPP Loan information for Motionsoft, inc.

$1,878,007

Motionsoft, inc. was initially approved for PPP Loan of amount $1,878,007, the current approved amount is $1,878,007. The loan was approved on 04/16/2020 by The Forbright Bank reported 105 jobs and $1,878,007 was used to fund payroll.

Motionsoft, inc. is Existing or more than 2 years old

PPP Loan Search / MD / ROCKVILLE / Motionsoft, inc.

MOTIONSOFT, INC.

Date Approved

04/16/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MOTIONSOFT, INC.

Borrower Address

1451 ROCKVILLE PIKE Suite 500

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20852-1465

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1878007.00

Current Approval Amount

1878007.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20852-1465

CD

MD-08

Jobs Reported

105

NAICS Code

511210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1878007.00

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

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;