PPP Loan information for Castle chevrolet north, llc

$972,356

Castle chevrolet north, llc was initially approved for PPP Loan of amount $972,356, the current approved amount is $972,356. The loan was approved on 04/10/2020 by The Ally Bank reported 77 jobs and $972,356 was used to fund payroll.

Castle chevrolet north, llc is Existing or more than 2 years old

CASTLE CHEVROLET NORTH, LLC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CASTLE CHEVROLET NORTH, LLC

Borrower Address

175 N. Arlington Heights Rd.

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-1001

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

972356.00

Current Approval Amount

972356.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-1001

CD

IL-08

Jobs Reported

77

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

972356.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

982052.55

Forgiveness Date

04/14/2021

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