Motion Energy Group LLC

$1,081,173 PPP Loan in Wolfforth, Texas

Loan Details

Loan Number
3722348309
Date Approved
Jan 22, 2021
Loan Status
Exemption 4
Initial Approval
$1,081,173
Current Approval
$1,081,173
Forgiveness Amount
$468,223
Forgiveness Date
Jan 13, 2023
Term
30 months
Draw
Second Draw

Business Information

Business Name
Motion Energy Group LLC
Address
8707 151st St
State
Texas
ZIP Code
79382-4387
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-19

Loan Use Breakdown

Payroll
$1,081,168
Utilities
$1

Lender Information

Servicing Lender
Amarillo National Bank
Originating Lender
Amarillo National Bank

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