PPP borrower record
MOTORAD OF AMERICA INC PPP loan record
Public SBA PPP loan record for MOTORAD OF AMERICA INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$1,290,600
Approved amount
N/A
Forgiven amount
2020-04-29
Date approved
Borrower and loan details
Borrower
MOTORAD OF AMERICA INC
Loan number
2974067303
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Mount Carmel
Borrower state
Illinois
Borrower ZIP
62863
Jobs reported
117
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
First Mid Bank & Trust, National Association
Originating lender
First Mid Bank & Trust, National Association
Reported use of proceeds
Payroll
$1,032,000
Rent
$243,600
Utilities
$15,000
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.