Motor Werks of Barrington, INC
$5,471,500 PPP Loan in Barrington, Illinois
Loan Details
- Loan Number
- 7273557003
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $5,471,500
- Current Approval
- $5,471,500
- Forgiveness Amount
- $5,525,911
- Forgiveness Date
- Apr 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Motor Werks of Barrington, INC
- Address
- 1475 S Barrington Rd
- City
- Barrington
- State
- Illinois
- ZIP Code
- 60010-5205
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 346
- Estimated Revenue
- $67.8M
- Rural/Urban
- Urban
- Congressional District
- IL-05
Loan Use Breakdown
- Payroll
- $4,377,200
- Rent
- $547,150
- Utilities
- $547,150
Lender Information
- Servicing Lender
- Barrington Bank & Trust Company, National Association
- Originating Lender
- Barrington Bank & Trust Company, National Association
Other PPP Loans in Barrington, IL
| Business | Approved | |
|---|---|---|
| Willow Creek Community Church, Inc. | $5,683,425 |  Research |
| Swiss Automation, Inc. | $3,224,900 | Research |
| Idealease, Inc. | $2,463,500 | Research |
| Wickstrom Ford Lincoln Mercury Inc. | $2,158,750 | Research |
| Derick Dermatology LLC | $2,076,400 | Research |
Want to research this company further?
Try NewBizBot free