Metroeast Motorsports INC

$128,000 PPP Loan in O Fallon, Illinois

Loan Details

Loan Number
4870777004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$128,000
Current Approval
$128,000
Forgiveness Amount
$128,786
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Metroeast Motorsports INC
Address
1714 Frontage Rd
ZIP Code
62269-1111
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441228)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-12

Loan Use Breakdown

Payroll
$96,000
Utilities
$16,000
Mortgage Interest
$16,000

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank & Trust, National Association

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