Elite Motors, Inc.

$727,327 PPP Loan in Waukegan, Illinois

Loan Details

Loan Number
1710508302
Date Approved
Jan 19, 2021
Loan Status
Paid in Full
Initial Approval
$727,327
Current Approval
$727,327
Forgiveness Amount
$731,731
Forgiveness Date
Sep 7, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Elite Motors, Inc.
Address
100 N Green Bay Rd
ZIP Code
60085-4409
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$727,324
Utilities
$1

Lender Information

Servicing Lender
Belmont Bank & Trust Company
Originating Lender
Belmont Bank & Trust Company

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