PPP Loan information for Motobilt, inc.

$149,000

Motobilt, inc. was initially approved for PPP Loan of amount $149,000, the current approved amount is $149,000. The loan was approved on 04/06/2020 by The ServisFirst Bank reported 26 jobs and $149,000 was used to fund payroll.

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

PPP Loan Search / AL / OZARK / Motobilt, inc.

MOTOBILT, INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MOTOBILT, INC.

Borrower Address

323 VAN HEUSEN DR

Borrower City

OZARK

Borrower State

AL

Borrower Zip

36360-1067

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149000.00

Current Approval Amount

149000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OZARK

Project County Name

DALE

Project State

AL

Project Zip

36360-1067

CD

AL-02

Jobs Reported

26

NAICS Code

336390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3820.00

Payroll Proceed

131185.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3995

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

150274.78

Forgiveness Date

02/17/2021

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