Monticello Motors INC

$80,000 PPP Loan in Monticello, Indiana

Loan Details

Loan Number
5772917206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$80,000
Current Approval
$80,000
Forgiveness Amount
$80,537
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Monticello Motors INC
Address
926 W Broadway
State
Indiana
ZIP Code
47960
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811121)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IN-04

Loan Use Breakdown

Payroll
$60,000
Rent
$15,000
Utilities
$5,000

Lender Information

Servicing Lender
Bank of Wolcott
Originating Lender
Bank of Wolcott

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