PPP Loan information for Motionway inc

$439,100

Motionway inc was initially approved for PPP Loan of amount $439,100, the current approved amount is $439,100. The loan was approved on 04/05/2020 by The Peoples Security Bank and Trust Company reported 25 jobs and $439,100 was used to fund payroll.

Motionway inc is Existing or more than 2 years old

PPP Loan Search / PA / LITITZ / Motionway inc

MOTIONWAY INC

Date Approved

04/05/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MOTIONWAY INC

Borrower Address

201 rock lititz blvd

Borrower City

LITITZ

Borrower State

PA

Borrower Zip

17543-1349

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

439100.00

Current Approval Amount

439100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60312

Servicing Lender Name

Peoples Security Bank and Trust Company

Servicing Lender Address

150 N Washington Ave

Servicing Lender City

SCRANTON

Servicing Lender State

PA

Servicing Lender Zip

18503-1843

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITITZ

Project County Name

LANCASTER

Project State

PA

Project Zip

17543-1349

CD

PA-11

Jobs Reported

25

NAICS Code

532490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

439100.00

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

60312

Originating Lender

Peoples Security Bank and Trust Company

Originating Lender City

SCRANTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

423063.21

Forgiveness Date

11/20/2020

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