PPP Loan information for Addison auto repair

$7,600

Addison auto repair was initially approved for PPP Loan of amount $7,600, the current approved amount is $7,600. The loan was approved on 04/19/2021 by The Union National Bank reported 1 jobs and $7,600 was used to fund payroll.

Addison auto repair is Existing or more than 2 years old

ADDISON AUTO REPAIR

Date Approved

04/19/2021

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ADDISON AUTO REPAIR

Borrower Address

1042 Addison Ct

Borrower City

Arlington Heights

Borrower State

IL

Borrower Zip

60005-4702

Loan Status Date

08/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7600.00

Current Approval Amount

7600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arlington Heights

Project County Name

COOK

Project State

IL

Project Zip

60005-4702

CD

IL-03

Jobs Reported

1

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

7597.00

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

Subchapter S Corporation

Originating Lender Location Id

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7694.58

Forgiveness Date

07/25/2022

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