PPP Loan information for Jidd motors inc.

$1,283,386

Jidd motors inc. was initially approved for PPP Loan of amount $1,283,386, the current approved amount is $1,283,386. The loan was approved on 03/01/2021 by The Ally Bank reported 118 jobs and $1,283,386 was used to fund payroll.

Jidd motors inc. is Existing or more than 2 years old

PPP Loan Search / IL / Des Plaines / Jidd motors inc.

JIDD MOTORS INC.

Date Approved

03/01/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

JIDD MOTORS INC.

Borrower Address

855 Rand Rd

Borrower City

Des Plaines

Borrower State

IL

Borrower Zip

60016-2336

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1283386.17

Current Approval Amount

1283386.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Des Plaines

Project County Name

COOK

Project State

IL

Project Zip

60016-2336

CD

IL-05

Jobs Reported

118

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1283384.17

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1292690.72

Forgiveness Date

11/26/2021

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