FederalPay.org
PPP Loan Data — Mova Trucking Company,
La Grange, IL
Mova Trucking Company
Entity: Corporation
Industry: General Freight Trucking, Long-Distance, Truckload
Location: La Grange, IL
Tweet This
•
Search All PPP Data
Mova Trucking Company is a corporation located in La Grange, Illinois that received a Coronavirus-related PPP loan from the SBA of $20,722.00 in June, 2020.
$
PPP Loan Information
Loan #8689657900
Loan Size:
Jobs Retained:
1Loan Approved:
2020-06-18Loan Status:
Paid in Full or ForgivenLender:
WebBankMova Trucking Company in La Grange, IL received a Paycheck Protection Loan of $20,722 through WebBank, which was approved in June, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in August, 2021.
Reported PPP Proceed Usage:
On the PPP application, Mova Trucking Company reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,722
Business Information - Mova Trucking Company in La Grange, IL
La Grange, IL
* Full address is redacted to protect the privacy of individuals.
Business Industry:
General Freight Trucking, Long-Distance, Truckload
NAICS code 484121
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near La Grange
In the La Grange area, 75 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 1) and received an average PPP loan of $79,375 (compared to this company's $20,722).
Similar Nearby Businesses Who Received PPP Funding:
Konrad D Holdings LLC
Indian Head Park, IL
MBD Logistics Group Inc
La Grange, IL
Radosav Globarevic
Countryside, IL
Adriatic Freight Inc
Countryside, IL
Goran Transport Inc
La Grange, IL
Mladen Mijic
La Grange Park, IL
Oliver Stevanovic
La Grange, IL
Milan Dincic
La Grange Park, IL
Milutin Maletkovic
La Grange Highlands, IL
Industry PPP Comparison Statistics
Nationwide, 112,754 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a total of $4.56B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 4 employees, 300% higher than Mova Trucking Company's reported 1 employees, and received an average PPP loan of $40,459, 95% higher than this company's loan of $20,722.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
Have FederalPay.org's open data tools been valuable? Consider donating!