PPP Loan information for Motto electric

$94,195

Motto electric was initially approved for PPP Loan of amount $94,195, the current approved amount is $94,195. The loan was approved on 04/16/2020 by The Fulton Bank, National Association reported 7 jobs and $94,195 was used to fund payroll.

Motto electric is Existing or more than 2 years old

PPP Loan Search / NJ / Flemington / Motto electric

MOTTO ELECTRIC

Date Approved

04/16/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MOTTO ELECTRIC

Borrower Address

307 South Main Street Building B, PO Box 106

Borrower City

Flemington

Borrower State

NJ

Borrower Zip

08822

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94195.00

Current Approval Amount

94195.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Flemington

Project County Name

HUNTERDON

Project State

NJ

Project Zip

08822-0001

CD

NJ-07

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11774.37

Payroll Proceed

70646.25

Mortgage Interest Proceed

11774.38

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

95320.11

Forgiveness Date

06/30/2021

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