PPP Loan information for Motor factory

$43,750

Motor factory was initially approved for PPP Loan of amount $43,750, the current approved amount is $43,750. The loan was approved on 02/13/2021 by The Capital Community Bank reported 4 jobs and $43,750 was used to fund payroll.

Motor factory is Existing or more than 2 years old

PPP Loan Search / UT / Pleasant Grove / Motor factory

MOTOR FACTORY

Date Approved

02/13/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

MOTOR FACTORY

Borrower Address

456 E State Rd

Borrower City

Pleasant Grove

Borrower State

UT

Borrower Zip

84062-3619

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43750.00

Current Approval Amount

43750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118477

Servicing Lender Name

Capital Community Bank

Servicing Lender Address

3280 N University Ave

Servicing Lender City

PROVO

Servicing Lender State

UT

Servicing Lender Zip

84604-4405

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pleasant Grove

Project County Name

UTAH

Project State

UT

Project Zip

84062-3619

CD

UT-03

Jobs Reported

4

NAICS Code

522220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

43749.00

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

118477

Originating Lender

Capital Community Bank

Originating Lender City

PROVO

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44001.56

Forgiveness Date

09/15/2021

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