PPP Loan information for Joliet electric motors, llc

$442,235

Joliet electric motors, llc was initially approved for PPP Loan of amount $442,235, the current approved amount is $442,235. The loan was approved on 04/15/2020 by The The Huntington National Bank reported 29 jobs and $442,235 was used to fund payroll.

Joliet electric motors, llc is New Business or 2 years or less

JOLIET ELECTRIC MOTORS, LLC

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

JOLIET ELECTRIC MOTORS, LLC

Borrower Address

1 Doris Avenue

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60433

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

442235.00

Current Approval Amount

442235.00

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

New Business or 2 years or less

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60433-1000

CD

IL-14

Jobs Reported

29

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

442235.00

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

446293.87

Forgiveness Date

03/31/2021

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