PPP Loan information for Motion elevator corporation

$239,855

Motion elevator corporation was initially approved for PPP Loan of amount $239,857, the current approved amount is $239,855. The loan was approved on 04/08/2020 by The Eastern Bank reported 10 jobs and $239,855 was used to fund payroll.

Motion elevator corporation is Existing or more than 2 years old

PPP Loan Search / MA / DORCHESTER / Motion elevator corporation

MOTION ELEVATOR CORPORATION

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MOTION ELEVATOR CORPORATION

Borrower Address

79 FREEPORT ST

Borrower City

DORCHESTER

Borrower State

MA

Borrower Zip

02122-2831

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

239857.00

Current Approval Amount

239855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DORCHESTER

Project County Name

SUFFOLK

Project State

MA

Project Zip

02122-2831

CD

MA-07

Jobs Reported

10

NAICS Code

333921

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

239855.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

243053.07

Forgiveness Date

08/23/2021

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