PPP Loan information for Motmanco inc

$978,473

Motmanco inc was initially approved for PPP Loan of amount $978,473, the current approved amount is $978,473. The loan was approved on 04/28/2021 by The Farmers and Merchants Bank reported 160 jobs and $978,473 was used to fund payroll.

Motmanco inc is Existing or more than 2 years old

MOTMANCO INC

Date Approved

04/28/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

MOTMANCO INC

Borrower Address

3102B N Oak Street Ext

Borrower City

Valdosta

Borrower State

GA

Borrower Zip

31602-1007

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

978472.84

Current Approval Amount

978472.84

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19521

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

4 N Carter St

Servicing Lender City

LAKELAND

Servicing Lender State

GA

Servicing Lender Zip

31635-5678

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Valdosta

Project County Name

LOWNDES

Project State

GA

Project Zip

31602-1007

CD

GA-08

Jobs Reported

160

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

978468.84

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

19521

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAKELAND

Originating Lender State

GA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

983392.38

Forgiveness Date

10/29/2021

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