PPP Loan information for Motor trucks international and idealease, inc

$1,250,000

Motor trucks international and idealease, inc was initially approved for PPP Loan of amount $1,250,000, the current approved amount is $1,250,000. The loan was approved on 04/10/2020 by The Coastal Community Bank reported 74 jobs and $1,250,000 was used to fund payroll.

Motor trucks international and idealease, inc is Existing or more than 2 years old

MOTOR TRUCKS INTERNATIONAL AND IDEALEASE, INC

Date Approved

04/10/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MOTOR TRUCKS INTERNATIONAL AND IDEALEASE, INC

Borrower Address

315 RIVERSIDE RD

Borrower City

EVERETT

Borrower State

WA

Borrower Zip

98201-1275

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1250000.00

Current Approval Amount

1250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121424

Servicing Lender Name

Coastal Community Bank

Servicing Lender Address

5415 Evergreen Way

Servicing Lender City

EVERETT

Servicing Lender State

WA

Servicing Lender Zip

98203-3646

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EVERETT

Project County Name

SNOHOMISH

Project State

WA

Project Zip

98201-1275

CD

WA-02

Jobs Reported

74

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1250000.00

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

Subchapter S Corporation

Originating Lender Location Id

121424

Originating Lender

Coastal Community Bank

Originating Lender City

EVERETT

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1259075.34

Forgiveness Date

01/07/2021

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