Motiv Power Systems, Inc.

$1,834,765 PPP Loan in Foster City, California

Loan Details

Loan Number
9400317004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,834,765
Current Approval
$1,834,765
Forgiveness Amount
$1,853,944
Forgiveness Date
Apr 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Motiv Power Systems, Inc.
Address
330 Hatch Drive 0.0
ZIP Code
94404-1106
Business Type
Corporation
Industry (NAICS)
Manufacturing (335312)
Business Age
Existing or more than 2 years old
Jobs Reported
89
Estimated Revenue
$23.3M
Rural/Urban
Urban
Congressional District
CA-15

Loan Use Breakdown

Payroll
$1,768,632
Health Care
$66,133

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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