Motive Power Resources Inc.
$453,382 PPP Loan in Minooka, Illinois
Loan Details
- Loan Number
- 2414298300
- Date Approved
- Jan 20, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $453,382
- Current Approval
- $453,382
- Forgiveness Amount
- $455,334
- Forgiveness Date
- Jun 25, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Motive Power Resources Inc.
- Address
- 113 Industrial Dr
- City
- Minooka
- State
- Illinois
- ZIP Code
- 60447-9558
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (336510)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 41
- Estimated Revenue
- $10.7M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $453,382
Lender Information
- Servicing Lender
- Grand Ridge National Bank
- Originating Lender
- Grand Ridge National Bank
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|---|---|---|
| Shamrock Cartage, Inc. | $2,750,000 |  Research |
| Carnagio Enterprises, Inc. | $2,186,900 | Research |
| Depue Mechanical, INC | $1,973,000 | Research |
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| Feece Oil Company | $1,010,710 | Research |
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