Joliet Electric Motors, LLC

$442,235 PPP Loan in Joliet, Illinois

Loan Details

Loan Number
9037987109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$442,235
Current Approval
$442,235
Forgiveness Amount
$446,294
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Joliet Electric Motors, LLC
Address
1 Doris Avenue
City
Joliet
ZIP Code
60433
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (335312)
Business Age
New Business or 2 years or less
Jobs Reported
29
Estimated Revenue
$7.6M
Rural/Urban
Urban
Congressional District
IL-14

Loan Use Breakdown

Payroll
$442,235

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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