PPP Loan information for Motis brands, llc

$1,577,700

Motis brands, llc was initially approved for PPP Loan of amount $1,577,700, the current approved amount is $1,577,700. The loan was approved on 04/07/2020 by The Johnson Bank reported 134 jobs and $1,577,700 was used to fund payroll.

Motis brands, llc is Existing or more than 2 years old

MOTIS BRANDS, LLC

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MOTIS BRANDS, LLC

Borrower Address

N102W19400 WILLOW CREEK WAY

Borrower City

GERMANTOWN

Borrower State

WI

Borrower Zip

53022-3703

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1577700.00

Current Approval Amount

1577700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GERMANTOWN

Project County Name

WASHINGTON

Project State

WI

Project Zip

53022-3703

CD

WI-05

Jobs Reported

134

NAICS Code

423860

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

197212.50

Payroll Proceed

1183275.00

Mortgage Interest Proceed

197212.50

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1586301.71

Forgiveness Date

11/03/2020

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