Motion Automotive Inc.

$249,446 PPP Loan in Netcong, New Jersey

Loan Details

Loan Number
7044998401
Date Approved
Feb 11, 2021
Loan Status
Paid in Full
Initial Approval
$249,446
Current Approval
$249,446
Forgiveness Amount
$250,978
Forgiveness Date
Oct 4, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Motion Automotive Inc.
Address
111 Ledgewood Ave
ZIP Code
07857-1501
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811121)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$249,446

Lender Information

Servicing Lender
First Hope Bank, a National Banking Association
Originating Lender
First Hope Bank, a National Banking Association

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