PPP Loan information for Motionway inc

$439,162

Motionway inc was initially approved for PPP Loan of amount $439,162, the current approved amount is $439,162. The loan was approved on 05/11/2021 by The Fulton Bank, National Association reported 26 jobs and $439,162 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

05/11/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

MOTIONWAY INC

Borrower Address

201 Rock Lititz Blvd Ste 20

Borrower City

Lititz

Borrower State

PA

Borrower Zip

17543-1369

Loan Status Date

03/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

439162.00

Current Approval Amount

439162.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

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

17543-1369

CD

PA-11

Jobs Reported

26

NAICS Code

713990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

439159.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

442386.53

Forgiveness Date

02/07/2022

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