PPP Loan information for Jet motors inc

$213,132

Jet motors inc was initially approved for PPP Loan of amount $213,132, the current approved amount is $213,132. The loan was approved on 05/28/2020 by The Celtic Bank Corporation reported 25 jobs and $213,132 was used to fund payroll.

Jet motors inc is New Business or 2 years or less

PPP Loan Search / IL / Wheeling / Jet motors inc

JET MOTORS INC

Date Approved

05/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

JET MOTORS INC

Borrower Address

1182 Buckingham Court

Borrower City

Wheeling

Borrower State

IL

Borrower Zip

60090-2408

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

213132.00

Current Approval Amount

213132.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Wheeling

Project County Name

COOK

Project State

IL

Project Zip

60090-2408

CD

IL-10

Jobs Reported

25

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26641.50

Payroll Proceed

159849.00

Mortgage Interest Proceed

0.00

Rent Proceed

26641.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

215818.05

Forgiveness Date

09/01/2021

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