PPP Loan information for United motors ltd

$1,572,775

United motors ltd was initially approved for PPP Loan of amount $1,572,775, the current approved amount is $1,572,775. The loan was approved on 04/11/2020 by The Bank of America, National Association reported 137 jobs and $1,572,775 was used to fund payroll.

United motors ltd is Unanswered

UNITED MOTORS LTD

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

UNITED MOTORS LTD

Borrower Address

920 S Milwaukee Ave

Borrower City

LIBERTYVILLE

Borrower State

IL

Borrower Zip

60048-3229

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1572775.00

Current Approval Amount

1572775.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

LIBERTYVILLE

Project County Name

LAKE

Project State

IL

Project Zip

60048-3229

CD

IL-10

Jobs Reported

137

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1572775.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1585486.47

Forgiveness Date

02/05/2021

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