Mehta Motors, Inc.

$104,800 PPP Loan in Elmhurst, Illinois

Loan Details

Loan Number
8100987010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$104,800
Current Approval
$67,092
Forgiveness Amount
$67,658
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mehta Motors, Inc.
Address
463 Spring Road
ZIP Code
60126-3862
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811198)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$60,383
Rent
$3,355
Utilities
$3,355

Lender Information

Servicing Lender
Community Bank of Elmhurst
Originating Lender
Community Bank of Elmhurst

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