Melody Rae Motors, Inc.
$719,355 PPP Loan in Elmhurst, Illinois
Loan Details
- Loan Number
- 1811697109
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $719,355
- Current Approval
- $719,355
- Forgiveness Amount
- $726,287
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Melody Rae Motors, Inc.
- Address
- 300 W. Grand Ave 0.0
- City
- Elmhurst
- State
- Illinois
- ZIP Code
- 60126-1108
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 69
- Estimated Revenue
- $17.4M
- Rural/Urban
- Urban
- Congressional District
- IL-06
Loan Use Breakdown
- Payroll
- $575,484
- Rent
- $70,000
- Utilities
- $14,102
- Health Care
- $59,769
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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