PPP Loan information for Joliet electric motors llc

$490,935

Joliet electric motors llc was initially approved for PPP Loan of amount $490,935, the current approved amount is $490,935. The loan was approved on 04/07/2021 by The The Huntington National Bank reported 27 jobs and $490,935 was used to fund payroll.

Joliet electric motors llc is Existing or more than 2 years old

PPP Loan Search / IL / Joliet / Joliet electric motors llc

JOLIET ELECTRIC MOTORS LLC

Date Approved

04/07/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

JOLIET ELECTRIC MOTORS LLC

Borrower Address

1 Doris Ave

Borrower City

Joliet

Borrower State

IL

Borrower Zip

60433-2452

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

490935.00

Current Approval Amount

490935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Joliet

Project County Name

WILL

Project State

IL

Project Zip

60433-2452

CD

IL-14

Jobs Reported

27

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

490934.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

493315.70

Forgiveness Date

10/06/2021

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