Industrial Motor Repair, LLC

$195,600 PPP Loan in Alton, Illinois

Loan Details

Loan Number
5997027004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$195,600
Current Approval
$195,600
Forgiveness Amount
$197,866
Forgiveness Date
Jun 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Motor Repair, LLC
Address
3326 E Broadway
City
Alton
ZIP Code
62002-2040
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Other Services (except Public Administration) (811198)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$195,600

Lender Information

Servicing Lender
Newtek Small Business Finance, Inc.
Originating Lender
Newtek Small Business Finance, Inc.

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