First Electric Motor Shop, INC

$52,800 PPP Loan in Springfield, Illinois

Loan Details

Loan Number
7051617100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$52,800
Current Approval
$52,800
Forgiveness Amount
$53,140
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
First Electric Motor Shop, INC
Address
1130 W Reynolds St
ZIP Code
62702-2311
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811219)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$52,800

Lender Information

Servicing Lender
Morton Community Bank
Originating Lender
Morton Community Bank

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