Motor Trike Inc.

$465,000 PPP Loan in Troup, Texas

Loan Details

Loan Number
3264248305
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$465,000
Current Approval
$465,000
Forgiveness Amount
$468,707
Forgiveness Date
Nov 9, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Motor Trike Inc.
Address
22667 Fm 15
City
Troup
State
Texas
ZIP Code
75789-6221
Business Type
Corporation
Industry (NAICS)
Manufacturing (336991)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$14.1M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$464,995
Utilities
$1

Lender Information

Servicing Lender
Austin Bank, Texas National Association
Originating Lender
Austin Bank, Texas National Association

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