Motion Resources

$1,378,255 PPP Loan in Grand Blanc, Michigan

Loan Details

Loan Number
7298597207
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,378,255
Current Approval
$1,378,255
Forgiveness Amount
$1,386,713
Forgiveness Date
Dec 14, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Motion Resources
Address
9487 Holly Rd Ste 301
ZIP Code
48439
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423450)
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$23.6M
Rural/Urban
Urban
Congressional District
MI-05

Loan Use Breakdown

Payroll
$1,378,255

Lender Information

Servicing Lender
The State Bank
Originating Lender
The State Bank

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