Motion & Energy INC

$83,060 PPP Loan in Framingham, Massachusetts

Loan Details

Loan Number
8533277200
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$83,060
Current Approval
$83,060
Forgiveness Amount
$83,504
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Motion & Energy INC
Address
113 Irving Street
ZIP Code
01702
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423120)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$74,754
Utilities
$8,306

Lender Information

Servicing Lender
American Express National Bank
Originating Lender
American Express National Bank

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