PPP Loan information for Motorsource inc.

$76,730

Motorsource inc. was initially approved for PPP Loan of amount $76,730, the current approved amount is $76,730. The loan was approved on 01/20/2021 by The Wintrust Bank, National Association reported 5 jobs and $76,730 was used to fund payroll.

Motorsource inc. is Existing or more than 2 years old

PPP Loan Search / IL / Highland Park / Motorsource inc.

MOTORSOURCE INC.

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MOTORSOURCE INC.

Borrower Address

2210 Skokie Valley Rd

Borrower City

Highland Park

Borrower State

IL

Borrower Zip

60035-1733

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76730.00

Current Approval Amount

76730.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119179

Servicing Lender Name

Wintrust Bank, National Association

Servicing Lender Address

231 S LaSalle St, 13th Fl

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60604-1471

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Highland Park

Project County Name

LAKE

Project State

IL

Project Zip

60035-1733

CD

IL-10

Jobs Reported

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

76728.00

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

Subchapter S Corporation

Originating Lender Location Id

119179

Originating Lender

Wintrust Bank, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77102.99

Forgiveness Date

07/26/2021

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