Motion Motors Mount Olive, Inc.

$276,083 PPP Loan in Netcong, New Jersey

Loan Details

Loan Number
9980147105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$276,083
Current Approval
$276,083
Forgiveness Amount
$279,580
Forgiveness Date
Jul 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Motion Motors Mount Olive, Inc.
Address
30 Church Street
ZIP Code
07857
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
New Business or 2 years or less
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$220,866
Utilities
$27,608
Mortgage Interest
$27,608

Lender Information

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

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