Motor Specialty INC

$581,765 PPP Loan in Racine, Wisconsin

Loan Details

Loan Number
7769288310
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$581,765
Current Approval
$581,765
Forgiveness Amount
$586,064
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Motor Specialty INC
Address
2801 Lathrop Ave
City
Racine
ZIP Code
53405-4426
Business Type
Corporation
Industry (NAICS)
Manufacturing (333613)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$8.4M
Rural/Urban
Urban
Congressional District
WI-01

Loan Use Breakdown

Payroll
$581,759
Utilities
$1

Lender Information

Servicing Lender
Tri City National Bank
Originating Lender
Tri City National Bank

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