Motto Electric

$94,195 PPP Loan in Flemington, New Jersey

Loan Details

Loan Number
2894687203
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$94,195
Current Approval
$94,195
Forgiveness Amount
$95,320
Forgiveness Date
Jun 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Motto Electric
Address
307 South Main Street Building B, Po Box 106
ZIP Code
08822
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$70,646
Utilities
$11,774
Mortgage Interest
$11,774

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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