PPP Loan information for Motorco llc

$330,369

Motorco llc was initially approved for PPP Loan of amount $330,369, the current approved amount is $330,369. The loan was approved on 03/24/2021 by The Truist Bank reported 19 jobs and $330,369 was used to fund payroll.

Motorco llc is Existing or more than 2 years old

PPP Loan Search / NC / Durham / Motorco llc

MOTORCO LLC

Date Approved

03/24/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MOTORCO LLC

Borrower Address

723 Rigsbee Ave

Borrower City

Durham

Borrower State

NC

Borrower Zip

27701-2138

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

330368.50

Current Approval Amount

330368.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27701-2138

CD

NC-04

Jobs Reported

19

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

330365.50

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

332515.90

Forgiveness Date

11/16/2021

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