PPP Loan information for Motors group inc.

$927,600

Motors group inc. was initially approved for PPP Loan of amount $927,600, the current approved amount is $927,600. The loan was approved on 04/15/2020 by The ConnectOne Bank reported 74 jobs and $927,600 was used to fund payroll.

Motors group inc. is Existing or more than 2 years old

PPP Loan Search / CT / WILTON / Motors group inc.

MOTORS GROUP INC.

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MOTORS GROUP INC.

Borrower Address

978 Danbury Rd

Borrower City

WILTON

Borrower State

CT

Borrower Zip

06897

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

927600.00

Current Approval Amount

927600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

432941

Servicing Lender Name

ConnectOne Bank

Servicing Lender Address

301 Sylvan Ave

Servicing Lender City

ENGLEWOOD CLIFFS

Servicing Lender State

NJ

Servicing Lender Zip

07632-2539

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILTON

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06897-0001

CD

CT-04

Jobs Reported

74

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

927600.00

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

Corporation

Originating Lender Location Id

432941

Originating Lender

ConnectOne Bank

Originating Lender City

ENGLEWOOD CLIFFS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

940045.30

Forgiveness Date

08/30/2021

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