Motion Systems Corp.
$503,000 PPP Loan in Eatontown, New Jersey
Loan Details
- Loan Number
- 5023227203
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $503,000
- Current Approval
- $502,955
- Forgiveness Amount
- $505,791
- Forgiveness Date
- Nov 27, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Motion Systems Corp.
- Address
- 600 Industrial Way W
- City
- Eatontown
- State
- New Jersey
- ZIP Code
- 07724
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (331221)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 34
- Estimated Revenue
- $8.9M
- Rural/Urban
- Urban
- Congressional District
- NJ-04
Loan Use Breakdown
- Payroll
- $502,955
Lender Information
- Servicing Lender
- Lendingclub Bank, National Association
- Originating Lender
- Lendingclub Bank, National Association
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|---|---|---|
| J.f. Kiely Construction Co. | $10,000,000 | |
| Cpc Behavioral Healthcare INC | $5,406,100 | |
| York Telecom Corporation | $4,000,000 | |
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| Lucas Construction Group, Inc. | $2,572,900 |
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