PPP Loan information for Motorsota l.l.c.

$18,554

Motorsota l.l.c. was initially approved for PPP Loan of amount $18,554, the current approved amount is $18,554. The loan was approved on 01/22/2021 by The The Bank of Elk River reported 3 jobs and $18,554 was used to fund payroll.

Motorsota l.l.c. is Existing or more than 2 years old

MOTORSOTA L.L.C.

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MOTORSOTA L.L.C.

Borrower Address

16014 Highway 10 SE

Borrower City

Becker

Borrower State

MN

Borrower Zip

55308-8501

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18554.00

Current Approval Amount

18554.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Becker

Project County Name

SHERBURNE

Project State

MN

Project Zip

55308-8501

CD

MN-06

Jobs Reported

3

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

18552.00

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

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

18676.00

Forgiveness Date

09/22/2021

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