Motive Power Systems INC

$106,000 PPP Loan in Haltom City, Texas

Loan Details

Loan Number
5781378404
Date Approved
Feb 9, 2021
Loan Status
Paid in Full
Initial Approval
$106,000
Current Approval
$106,000
Forgiveness Amount
$106,462
Forgiveness Date
Jul 20, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Motive Power Systems INC
Address
2410 Minnis Dr
State
Texas
ZIP Code
76117-4842
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-12

Loan Use Breakdown

Payroll
$105,998
Utilities
$1

Lender Information

Servicing Lender
Worthington Bank
Originating Lender
Worthington Bank

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