PPP Loan information for Mehta motors, inc.

$67,092

Mehta motors, inc. was initially approved for PPP Loan of amount $104,800, the current approved amount is $67,092. The loan was approved on 04/08/2020 by The Community Bank of Elmhurst reported 15 jobs and $67,092 was used to fund payroll.

Mehta motors, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ELMHURST / Mehta motors, inc.

MEHTA MOTORS, INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MEHTA MOTORS, INC.

Borrower Address

463 Spring Road

Borrower City

ELMHURST

Borrower State

IL

Borrower Zip

60126-3862

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104800.00

Current Approval Amount

67092.00

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

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3354.60

Payroll Proceed

60382.80

Mortgage Interest Proceed

0.00

Rent Proceed

3354.60

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

67658.15

Forgiveness Date

02/19/2021

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