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Mclaughlin Motors, Inc.

$1,005,300 PPP Loan in Moline, Illinois

Loan Details

Loan Number
6571157005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,005,300
Current Approval
$1,005,300
Forgiveness Amount
$1,013,873
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mclaughlin Motors, Inc.
Address
4101 41st St
City
Moline
State
Illinois
ZIP Code
61265-6780
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
94
Estimated Revenue
$23.7M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$1,005,300

Lender Information

Servicing Lender
Signature Bank
Originating Lender
Signature Bank

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