PPP Loan information for Motif ltd.

$53,800

Motif ltd. was initially approved for PPP Loan of amount $53,800, the current approved amount is $53,800. The loan was approved on 04/14/2020 by The MidWestOne Bank reported 18 jobs and $53,800 was used to fund payroll.

Motif ltd. is Existing or more than 2 years old

MOTIF LTD.

Date Approved

04/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MOTIF LTD.

Borrower Address

118 E WASHINGTON ST

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52240

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53800.00

Current Approval Amount

53800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52240-0001

CD

IA-01

Jobs Reported

18

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3362.50

Payroll Proceed

40350.00

Mortgage Interest Proceed

3362.50

Rent Proceed

3362.50

Refinance EIDL Proceed

0.00

Health Care Proceed

3362.50

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

54312.59

Forgiveness Date

04/01/2021

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