Morris Transmission & Auto Repair, Inc.

$85,693 PPP Loan in Morris, Illinois

Loan Details

Loan Number
8548767208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$85,693
Current Approval
$85,693
Forgiveness Amount
$86,295
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morris Transmission & Auto Repair, Inc.
Address
1601 Division St
City
Morris
ZIP Code
60450-1122
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$64,269
Rent
$8,569
Utilities
$4,285
Mortgage Interest
$8,569

Lender Information

Servicing Lender
Grundy Bank
Originating Lender
Grundy Bank

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