PPP Loan information for Mto inc

$120,190

Mto inc was initially approved for PPP Loan of amount $120,190, the current approved amount is $120,190. The loan was approved on 01/20/2021 by The Cross River Bank reported 22 jobs and $120,190 was used to fund payroll.

Mto inc is Existing or more than 2 years old

PPP Loan Search / NC / Lexington / Mto inc

MTO INC

Date Approved

01/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MTO INC

Borrower Address

235 Iroquois Trl

Borrower City

Lexington

Borrower State

NC

Borrower Zip

27295-8214

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120190.00

Current Approval Amount

120190.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lexington

Project County Name

DAVIDSON

Project State

NC

Project Zip

27295-8214

CD

NC-08

Jobs Reported

22

NAICS Code

561720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

120189.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120812.35

Forgiveness Date

08/18/2021

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