PPP Loan information for Butitta bros. automotive, inc.

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BUTITTA BROS. AUTOMOTIVE, INC.

Borrower Address

2233 Charles St., Suite J

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61104-1548

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

665300.00

Current Approval Amount

665300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111865

Servicing Lender Name

St. Charles Bank & Trust Company, National Association

Servicing Lender Address

411 W Main St

Servicing Lender City

SAINT CHARLES

Servicing Lender State

IL

Servicing Lender Zip

60174-1815

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-1548

CD

IL-17

Jobs Reported

63

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

498975.00

Mortgage Interest Proceed

0.00

Rent Proceed

83162.00

Refinance EIDL Proceed

0.00

Health Care Proceed

83163.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

111865

Originating Lender

St. Charles Bank & Trust Company, National Association

Originating Lender City

SAINT CHARLES

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

670622.40

Forgiveness Date

01/28/2021