Motive Power INC

$1,879,500 PPP Loan in Penngrove, California

Loan Details

Loan Number
4285947703
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$1,879,500
Current Approval
$1,879,500
Forgiveness Amount
$1,896,544
Forgiveness Date
Apr 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Motive Power INC
Address
201 Highland Avenue
ZIP Code
94931
Business Type
Corporation
Business Age
Existing or more than 2 years old
Jobs Reported
84
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
CA-04

Loan Use Breakdown

Payroll
$1,879,500

Lender Information

Servicing Lender
Wells Fargo Bank, National Association
Originating Lender
Wells Fargo Bank, National Association

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