PPP Loan information for Imotorsports, inc.

$350,000

Imotorsports, inc. was initially approved for PPP Loan of amount $231,700, the current approved amount is $350,000. The loan was approved on 04/04/2020 by The Byline Bank reported 27 jobs and $350,000 was used to fund payroll.

Imotorsports, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ELMHURST / Imotorsports, inc.

IMOTORSPORTS, INC.

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

IMOTORSPORTS, INC.

Borrower Address

334 W Grand Ave

Borrower City

ELMHURST

Borrower State

IL

Borrower Zip

60126-1106

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

231700.00

Current Approval Amount

350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21023

Servicing Lender Name

Byline Bank

Servicing Lender Address

180 N LaSalle St, Ste 300

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60601-3110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELMHURST

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-1106

CD

IL-06

Jobs Reported

27

NAICS Code

441228

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

350000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21023

Originating Lender

Byline Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

352323.61

Forgiveness Date

12/09/2020

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