Elite Motors, Inc.

$727,328 PPP Loan in Waukegan, Illinois

Loan Details

Loan Number
4185937202
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$727,328
Current Approval
$727,328
Forgiveness Amount
$731,312
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First 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
54
Estimated Revenue
$13.6M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$727,328

Lender Information

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

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