Motor Appliance Corporation

$352,600 PPP Loan in Washington, Missouri

Loan Details

Loan Number
4670277002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$352,600
Current Approval
$352,600
Forgiveness Amount
$354,551
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Motor Appliance Corporation
Address
601 International Ave
ZIP Code
63090-3409
Business Type
Corporation
Industry (NAICS)
Manufacturing (333999)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.9M
Rural/Urban
Rural
Congressional District
MO-02

Loan Use Breakdown

Payroll
$264,450
Rent
$88,150

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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