PPP Loan information for Motion masters inc.

$45,000

Motion masters inc. was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 01/28/2021 by The Summit Community Bank, Inc. reported 5 jobs and $45,000 was used to fund payroll.

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

MOTION MASTERS INC.

Date Approved

01/28/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

MOTION MASTERS INC.

Borrower Address

2288 Roxalana Rd

Borrower City

Dunbar

Borrower State

WV

Borrower Zip

25064-2016

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

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

1.00

Payroll Proceed

44994.00

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

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

45255.00

Forgiveness Date

08/25/2021

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