PPP Loan information for Promotion in motion inc

$2,670,000

Promotion in motion inc was initially approved for PPP Loan of amount $2,670,000, the current approved amount is $2,670,000. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 136 jobs and $2,670,000 was used to fund payroll.

Promotion in motion inc is Existing or more than 2 years old

PROMOTION IN MOTION INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PROMOTION IN MOTION INC

Borrower Address

25 COMMERCE DR

Borrower City

ALLENDALE

Borrower State

NJ

Borrower Zip

07401-1600

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2670000.00

Current Approval Amount

2670000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALLENDALE

Project County Name

BERGEN

Project State

NJ

Project Zip

07401-1600

CD

NJ-05

Jobs Reported

136

NAICS Code

311340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2670000.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2605623.06

Forgiveness Date

09/07/2021

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