Motobilt, Inc.

$149,000 PPP Loan in Ozark, Alabama

Loan Details

Loan Number
6074737001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$149,000
Current Approval
$149,000
Forgiveness Amount
$150,275
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Motobilt, Inc.
Address
323 Van Heusen Dr
City
Ozark
State
Alabama
ZIP Code
36360-1067
Business Type
Corporation
Industry (NAICS)
Manufacturing (336390)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.8M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$131,185
Rent
$10,000
Utilities
$3,820
Debt Interest
$3,995

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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