Motorad of America INC
$1,290,600 PPP Loan in Mount Carmel, Illinois
Loan Details
- Loan Number
- 2974067303
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,290,600
- Current Approval
- $1,290,600
- Forgiveness Amount
- $1,306,159
- Forgiveness Date
- Jul 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Motorad of America INC
- Address
- 916 Empire St
- City
- Mount Carmel
- State
- Illinois
- ZIP Code
- 62863-5102
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423140)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 117
- Estimated Revenue
- $35.8M
- Rural/Urban
- Rural
- Congressional District
- IL-12
Loan Use Breakdown
- Payroll
- $1,032,000
- Rent
- $243,600
- Utilities
- $15,000
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank & Trust, National Association
Other PPP Loans in Mount Carmel, IL
| Business | Approved | |
|---|---|---|
| Wabash General Hospital District of the County of Wabash, St | $3,877,860 |  AI Deep Dive |
| Mt. Carmel Stabilization Group, Inc. | $2,473,000 | AI Deep Dive |
| Pacific Press Holdings, LLC | $1,151,776 | AI Deep Dive |
| Mt Carmel Public Utility Co | $827,900 | AI Deep Dive |
| Pacific Press Holdings LLC | $675,753 | AI Deep Dive |
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