Simotes Motor Sales Inc.

$111,100 PPP Loan in Minooka, Illinois

Loan Details

Loan Number
8956967001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$111,100
Current Approval
$111,100
Forgiveness Amount
$111,788
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Simotes Motor Sales Inc.
Address
300 N. Ridge Rd.
ZIP Code
60447-9321
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811198)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$111,100

Lender Information

Servicing Lender
Cibc Bank USA
Originating Lender
Cibc Bank USA

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