PPP Loan information for Ultimate motor cars, inc.

$64,200

Ultimate motor cars, inc. was initially approved for PPP Loan of amount $64,200, the current approved amount is $64,200. The loan was approved on 04/29/2020 by The Heartland Bank and Trust Company reported 9 jobs and $64,200 was used to fund payroll.

Ultimate motor cars, inc. is Existing or more than 2 years old

ULTIMATE MOTOR CARS, INC.

Date Approved

04/29/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ULTIMATE MOTOR CARS, INC.

Borrower Address

2101 Odgen Ave

Borrower City

DOWNERS GROVE

Borrower State

IL

Borrower Zip

60515

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64200.00

Current Approval Amount

64200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20402

Servicing Lender Name

Heartland Bank and Trust Company

Servicing Lender Address

401 N Hershey Rd

Servicing Lender City

BLOOMINGTON

Servicing Lender State

IL

Servicing Lender Zip

61704-3742

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOWNERS GROVE

Project County Name

DUPAGE

Project State

IL

Project Zip

60515-0001

CD

IL-06

Jobs Reported

9

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64200.00

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

20402

Originating Lender

Heartland Bank and Trust Company

Originating Lender City

BLOOMINGTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

64833.08

Forgiveness Date

04/29/2021

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