Motion Automotive, Inc.
$249,446 PPP Loan in Netcong, New Jersey
Loan Details
- Loan Number
- 8660497101
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $249,446
- Current Approval
- $249,446
- Forgiveness Amount
- $251,649
- Forgiveness Date
- Mar 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Motion Automotive, Inc.
- Address
- 111 Ledgewood Avenue
- City
- Netcong
- State
- New Jersey
- ZIP Code
- 07857
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811121)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 17
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- NJ-07
Loan Use Breakdown
- Payroll
- $199,558
- Utilities
- $24,944
- Mortgage Interest
- $24,944
Lender Information
- Servicing Lender
- First Hope Bank, a National Banking Association
- Originating Lender
- First Hope Bank, a National Banking Association
Other PPP Loans in Netcong, NJ
| Business | Approved | |
|---|---|---|
| M.i.w. Distribution, LLC | $1,251,470 |  AI Deep Dive |
| Closeouts Surplus & Salvage, INC | $1,067,250 | AI Deep Dive |
| Family Ford INC | $691,615 | AI Deep Dive |
| Ad Magic INC | $542,100 | AI Deep Dive |
| Motion Motors Mount Olive, Inc. | $276,083 | AI Deep Dive |
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