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Motor-Tech Corporation

$35,574 PPP Loan in Cleburne, Texas

Loan Details

Loan Number
1024248601
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$35,574
Current Approval
$35,574
Forgiveness Amount
$35,944
Forgiveness Date
Apr 4, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Motor-Tech Corporation
Address
1121 N Main St
City
Cleburne
State
Texas
ZIP Code
76033-3861
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423440)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-25

Loan Use Breakdown

Payroll
$35,572
Utilities
$1

Lender Information

Servicing Lender
Pinnacle Bank
Originating Lender
Pinnacle Bank

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