503 MOTORZ, LLC (OR) - 2020 PPP Loan Borrower Profile (# 2615888405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 503 MOTORZ, 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

2615888405

SBA Office Code

1086

Processing Method

PPS

Curent Loan Amount

$31,220

Date Loan was Approved

Feb 3, 2021

Amount Forgiven

$31,422.27

Date Loan was Forgiven

Oct 4, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

31,220

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

441120

Borrower Location

Portland, OR

Project Location

Portland, OR

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.