Motion Dynamics Power Services Inc.

$291,950 PPP Loan in Wauconda, Illinois

Loan Details

Loan Number
4236718410
Date Approved
Feb 6, 2021
Loan Status
Paid in Full
Initial Approval
$291,950
Current Approval
$291,950
Forgiveness Amount
$294,642
Forgiveness Date
Jan 12, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Motion Dynamics Power Services Inc.
Address
367 Hollow Hill Rd
ZIP Code
60084-9794
Business Type
Corporation
Industry (NAICS)
Manufacturing (335312)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$291,949

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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