PPP Loan information for Mehta motors inc

$65,725

Mehta motors inc was initially approved for PPP Loan of amount $65,725, the current approved amount is $65,725. The loan was approved on 02/06/2021 by The Community Bank of Elmhurst reported 15 jobs and $65,725 was used to fund payroll.

Mehta motors inc is Existing or more than 2 years old

MEHTA MOTORS INC

Date Approved

02/06/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MEHTA MOTORS INC

Borrower Address

463 S Spring Rd

Borrower City

Elmhurst

Borrower State

IL

Borrower Zip

60126-3862

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65725.00

Current Approval Amount

65725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118126

Servicing Lender Name

Community Bank of Elmhurst

Servicing Lender Address

330 W Butterfield Rd

Servicing Lender City

ELMHURST

Servicing Lender State

IL

Servicing Lender Zip

60126-5009

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

60126-3862

CD

IL-06

Jobs Reported

15

NAICS Code

811192

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

65723.00

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

Subchapter S Corporation

Originating Lender Location Id

118126

Originating Lender

Community Bank of Elmhurst

Originating Lender City

ELMHURST

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

66128.35

Forgiveness Date

09/22/2021

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