PPP Loan information for Melody rae motors, inc.

$719,355

Melody rae motors, inc. was initially approved for PPP Loan of amount $719,355, the current approved amount is $719,355. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 69 jobs and $719,355 was used to fund payroll.

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

PPP Loan Search / IL / Elmhurst / Melody rae motors, inc.

MELODY RAE MOTORS, INC.

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MELODY RAE MOTORS, INC.

Borrower Address

300 W. Grand Ave 0.0

Borrower City

Elmhurst

Borrower State

IL

Borrower Zip

60126-1108

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

719355.00

Current Approval Amount

719355.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

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

60126-1108

CD

IL-06

Jobs Reported

69

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14102.00

Payroll Proceed

575484.00

Mortgage Interest Proceed

0.00

Rent Proceed

70000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

59769.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

726287.18

Forgiveness Date

03/31/2021

;