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Motion Control Systems

Radford, VA 24141

The loans, in SBA’s record

$499.9 thousand
Approved
$499,883
The amount of every loan as it now stands, added together.
1
Loan
1 first draw.
$504.6 thousand
Forgiven
$504,576
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $499,883
By the amount SBA approved, ranks 268,967th of 10,688,106 borrowers nationally, 6,316th of 208,563 in Virginia and 6th of 451 in the project’s county, Pulaski, VA. Larger than 97% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

5 more columns on a wider screen

Paycheck Protection Program loans to Motion Control Systems, as SBA recorded them
Approved onAmountStatus
April 29, 2020$499.9 thousandPaid in Full

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved

Motion Control Systems: $499.9 thousand in PPP loans (2020)