Motec Ltd

$150,170 PPP Loan in Cisco, Texas

Loan Details

Loan Number
3898758405
Date Approved
Feb 5, 2021
Loan Status
Paid in Full
Initial Approval
$150,170
Current Approval
$150,170
Forgiveness Amount
$150,873
Forgiveness Date
Aug 3, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Motec Ltd
Address
13051 Interstate 20
City
Cisco
State
Texas
ZIP Code
76437-6511
Business Type
Partnership
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-25

Loan Use Breakdown

Payroll
$150,167
Utilities
$1

Lender Information

Servicing Lender
Prosperity Bank
Originating Lender
Prosperity Bank

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