503 MOTORING, LLC. (OR) - 2020 PPP Loan Borrower Profile (# 2062507105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 503 MOTORING, LLC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Oregon.

Loan Detail

Loan Number

2062507105

SBA Office Code

1086

Processing Method

PPP

Curent Loan Amount

$122,668.77

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$123,370.95

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

30,667.19

Payroll Proced

92,001.58

Lender

Washington Federal Bank d/b/a WaFd Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

441310

Borrower Location

BEAVERTON, OR

Project Location

BEAVERTON, OR

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.