PPP Loan information for Mott equity exchange

$309,683

Mott equity exchange was initially approved for PPP Loan of amount $309,683, the current approved amount is $309,683. The loan was approved on 04/10/2020 by The Commercial Bank of Mott reported 38 jobs and $309,683 was used to fund payroll.

Mott equity exchange is Existing or more than 2 years old

MOTT EQUITY EXCHANGE

Date Approved

04/10/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MOTT EQUITY EXCHANGE

Borrower Address

509 Hwy 8

Borrower City

MOTT

Borrower State

ND

Borrower Zip

58646-7286

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

309683.20

Current Approval Amount

309683.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52909

Servicing Lender Name

Commercial Bank of Mott

Servicing Lender Address

325 Brown Ave

Servicing Lender City

MOTT

Servicing Lender State

ND

Servicing Lender Zip

58646

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOTT

Project County Name

HETTINGER

Project State

ND

Project Zip

58646-7286

CD

ND-

Jobs Reported

38

NAICS Code

447110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

39683.20

Payroll Proceed

270000.00

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

Cooperative

Originating Lender Location Id

52909

Originating Lender

Commercial Bank of Mott

Originating Lender City

MOTT

Originating Lender State

ND

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

311405.55

Forgiveness Date

11/03/2020

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