PPP borrower record
MOTOR PARTS & EQUIPMENT CORPORATION PPP loan record
Public SBA PPP loan record for MOTOR PARTS & EQUIPMENT CORPORATION. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$3,602,300
Approved amount
$3,644,327
Forgiven amount
2020-04-07
Date approved
Borrower and loan details
Borrower
MOTOR PARTS & EQUIPMENT CORPORATION
Loan number
7440407002
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Rockford
Borrower state
Illinois
Borrower ZIP
61103
Jobs reported
500
Loan status
Exemption 4
Forgiveness date
2021-06-11
Servicing lender
Wheaton Bank & Trust Company, National Association
Originating lender
Wheaton Bank & Trust Company, National Association
Reported use of proceeds
Payroll
$2,701,725
Rent
$540,345
Utilities
$360,230
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.