PPP borrower record

MOTION AUTOMOTIVE, INC. PPP loan record

Public SBA PPP loan record for MOTION AUTOMOTIVE, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$249,446
Approved amount
$251,649
Forgiven amount
2020-04-15
Date approved

Borrower and loan details

Borrower
MOTION AUTOMOTIVE, INC.
Loan number
8660497101
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Netcong
Borrower state
New Jersey
Borrower ZIP
07857
Jobs reported
17
Loan status
Paid in Full
Forgiveness date
2021-03-11
Servicing lender
First Hope Bank, A National Banking Association
Originating lender
First Hope Bank, A National Banking Association

Reported use of proceeds

Payroll
$199,558
Rent
N/A
Utilities
$24,944
Mortgage interest
$24,944
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.