PPP Loan information for Mote, inc.

$545,281

Mote, inc. was initially approved for PPP Loan of amount $545,281, the current approved amount is $545,281. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 28 jobs and $545,281 was used to fund payroll.

Mote, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MINNETONKA / Mote, inc.

MOTE, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MOTE, INC.

Borrower Address

5700 BAKER RD

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55345

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

545281.00

Current Approval Amount

545281.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55345-0001

CD

MN-03

Jobs Reported

28

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

545281.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

548552.69

Forgiveness Date

11/25/2020

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