PPP Loan information for Motolease funding, llc

$1,126,800

Motolease funding, llc was initially approved for PPP Loan of amount $1,126,800, the current approved amount is $1,126,800. The loan was approved on 04/07/2020 by The East West Bank reported 115 jobs and $1,126,800 was used to fund payroll.

Motolease funding, llc is New Business or 2 years or less

PPP Loan Search / CA / LOS ANGELES / Motolease funding, llc

MOTOLEASE FUNDING, LLC

Date Approved

04/07/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MOTOLEASE FUNDING, LLC

Borrower Address

5200 W CENTURY BLVD, STE 750

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90045-5900

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1126800.00

Current Approval Amount

1126800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LOS ANGELES

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90045-5900

CD

CA-43

Jobs Reported

115

NAICS Code

525990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1126800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1140540.70

Forgiveness Date

06/24/2021

;