Reduction in Motion Enterprises INC

$72,787 PPP Loan in Fallston, Maryland

Loan Details

Loan Number
3766318302
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$72,787
Current Approval
$72,787
Forgiveness Amount
$73,294
Forgiveness Date
Oct 8, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Reduction in Motion Enterprises INC
Address
705 Old Fallston Rd Ste 101
ZIP Code
21047-2350
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541620)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-01

Loan Use Breakdown

Payroll
$72,785

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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