PPP Loan information for Motion masters, inc

$46,600

Motion masters, inc was initially approved for PPP Loan of amount $46,600, the current approved amount is $46,600. The loan was approved on 04/07/2020 by The Summit Community Bank, Inc. reported 5 jobs and $46,600 was used to fund payroll.

Motion masters, inc is Existing or more than 2 years old

MOTION MASTERS, INC

Date Approved

04/07/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MOTION MASTERS, INC

Borrower Address

2288 ROXALANA RD

Borrower City

DUNBAR

Borrower State

WV

Borrower Zip

25064-2016

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46600.00

Current Approval Amount

46600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DUNBAR

Project County Name

KANAWHA

Project State

WV

Project Zip

25064-2016

CD

WV-01

Jobs Reported

5

NAICS Code

512110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1400.00

Payroll Proceed

37200.00

Mortgage Interest Proceed

8000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41838.04

Forgiveness Date

11/09/2020

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