Imperial Motors, Inc.

$385,590 PPP Loan in Lake Bluff, Illinois

Loan Details

Loan Number
9918167001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$385,590
Current Approval
$385,590
Forgiveness Amount
$390,334
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Imperial Motors, Inc.
Address
150 Skokie Highway 0.0
ZIP Code
60044-2211
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$278,852
Rent
$60,000
Utilities
$7,300
Health Care
$27,438
Debt Interest
$12,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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