PPP Loan information for Motor control specialties, inc.

$584,072

Motor control specialties, inc. was initially approved for PPP Loan of amount $584,072, the current approved amount is $584,072. The loan was approved on 04/06/2020 by The Commercial Bank reported 32 jobs and $584,072 was used to fund payroll.

Motor control specialties, inc. is Existing or more than 2 years old

PPP Loan Search / MO / MARYLAND HEIGHTS / Motor control specialties, inc.

MOTOR CONTROL SPECIALTIES, INC.

Date Approved

04/06/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MOTOR CONTROL SPECIALTIES, INC.

Borrower Address

11775 Dunlap Industrial Dr

Borrower City

MARYLAND HEIGHTS

Borrower State

MO

Borrower Zip

63043-3429

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

584072.27

Current Approval Amount

584072.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112668

Servicing Lender Name

Commercial Bank

Servicing Lender Address

2330 W Port Plaza Dr

Servicing Lender City

MARYLAND HEIGHTS

Servicing Lender State

MO

Servicing Lender Zip

63146-3202

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARYLAND HEIGHTS

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63043-0001

CD

MO-01

Jobs Reported

32

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

509145.82

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

74926.45

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112668

Originating Lender

Commercial Bank

Originating Lender City

MARYLAND HEIGHTS

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

587560.70

Forgiveness Date

11/23/2020

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