Motion Dynamics Power Services, Inc.

$280,000 PPP Loan in Wauconda, Illinois

Loan Details

Loan Number
1016427208
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$280,000
Current Approval
$280,000
Forgiveness Amount
$282,691
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Motion Dynamics Power Services, Inc.
Address
367 Hollow Hill Rd
ZIP Code
60084
Business Type
Corporation
Industry (NAICS)
Manufacturing (335312)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$280,000

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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