PPP Loan information for Anderson motor company of crystal lake, inc.

$819,500

Anderson motor company of crystal lake, inc. was initially approved for PPP Loan of amount $819,500, the current approved amount is $819,500. The loan was approved on 04/08/2020 by The BMO Harris Bank National Association reported 84 jobs and $819,500 was used to fund payroll.

Anderson motor company of crystal lake, inc. is Existing or more than 2 years old

ANDERSON MOTOR COMPANY OF CRYSTAL LAKE, INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ANDERSON MOTOR COMPANY OF CRYSTAL LAKE, INC.

Borrower Address

PO BOX 1828

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60039-1828

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

819500.00

Current Approval Amount

819500.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer Agreement

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60039-1828

CD

IL-09

Jobs Reported

84

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

819500.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

827605.19

Forgiveness Date

04/19/2021

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