MOTION CONTROL SYSTEMS

Summary of PPP (Paycheck Protection Program) Loan approved to MOTION CONTROL SYSTEMS by Truist Bank d/b/a Branch Banking & Trust Co. The loan was approved on 4/29/2020 in the range of $350,000-1 million.

Business Information

Name:	MOTION CONTROL SYSTEMS 6701 VISCOE ROAD RADFORD, VA 24141
Business type:	Corporation Computer and Electronic Product Manufacturing → Other Electronic Component Manufacturing
Non-profit:	No
Loan amount:	$350,000-1 million (50 Jobs retained)
Date approved:	April 29, 2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co

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Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.