PPP Loan information for Autobarn motors ltd

$1,320,000

Autobarn motors ltd was initially approved for PPP Loan of amount $1,320,000, the current approved amount is $1,320,000. The loan was approved on 04/13/2020 by The JPMorgan Chase Bank, National Association reported 98 jobs and $1,320,000 was used to fund payroll.

Autobarn motors ltd is Existing or more than 2 years old

AUTOBARN MOTORS LTD

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AUTOBARN MOTORS LTD

Borrower Address

1015 CHICAGO AVE. 0.0

Borrower City

EVANSTON

Borrower State

IL

Borrower Zip

60202-1323

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1320000.00

Current Approval Amount

1320000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EVANSTON

Project County Name

COOK

Project State

IL

Project Zip

60202-1323

CD

IL-09

Jobs Reported

98

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50000.00

Payroll Proceed

925000.00

Mortgage Interest Proceed

0.00

Rent Proceed

265000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

80000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1333654.67

Forgiveness Date

04/29/2021

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