Motor World Inc.

$213,700 PPP Loan in Glen Ellyn, Illinois

Loan Details

Loan Number
6660887003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$213,700
Current Approval
$213,700
Forgiveness Amount
$215,386
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Motor World Inc.
Address
550 Roosevelt Rd.
ZIP Code
60137-5735
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$160,275
Utilities
$26,713
Mortgage Interest
$26,713

Lender Information

Servicing Lender
Wheaton Bank & Trust Company, National Association
Originating Lender
Wheaton Bank & Trust Company, National Association

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