NewBizBot
Try for Free

Motion Source, Inc.

$65,625 PPP Loan in La Grange, Illinois

Loan Details

Loan Number
2470717707
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$65,625
Current Approval
$65,625
Forgiveness Amount
$66,409
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Motion Source, Inc.
Address
40 S La Grange Rd
City
La Grange
State
Illinois
ZIP Code
60525
Business Type
Corporation
Industry (NAICS)
Unknown (999990)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
IL-04

Loan Use Breakdown

Payroll
$46,000
Rent
$4,585
Utilities
$2,000
Health Care
$7,000
Mortgage Interest
$3,840
Debt Interest
$2,200

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

Other PPP Loans in La Grange, IL

BusinessApproved
Grayhill, Inc.$8,590,500NewBizBotAI Deep Dive
Lyons Electric Company, Inc.$2,091,800NewBizBotAI Deep Dive
Butterfield Health Care Vii, LLC$1,607,175NewBizBotAI Deep Dive
La Grange Crane Service Inc.$1,410,000NewBizBotAI Deep Dive
Spm Marketing & Communications, LLC$1,408,593NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free