MOTORAD OF AMERICA INC

Summary of PPP (Paycheck Protection Program) Loan approved to MOTORAD OF AMERICA INC by First Mid Bank & Trust, National Association. The loan was approved on 4/29/2020 in the range of $1-2 million.

Business Information

Name:

MOTORAD OF AMERICA INC

916 EMPIRE ST
MOUNT CARMEL, IL 62863
Business type: Corporation
Merchant Wholesalers, Durable Goods
→ Motor Vehicle Parts (Used) Merchant Wholesalers
Non-profit: No
Loan amount: $1-2 million
(50 Jobs retained)
Date approved: April 29, 2020
Lender First Mid Bank & Trust, National Association

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.