PPP Loan information for City body shop, inc

$108,700

City body shop, inc was initially approved for PPP Loan of amount $108,700, the current approved amount is $108,700. The loan was approved on 04/06/2020 by The Northwest Bank of Rockford reported 10 jobs and $108,700 was used to fund payroll.

City body shop, inc is Existing or more than 2 years old

CITY BODY SHOP, INC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CITY BODY SHOP, INC

Borrower Address

301 N. Madison Street

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61107-3925

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108700.00

Current Approval Amount

108700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22504

Servicing Lender Name

Northwest Bank of Rockford

Servicing Lender Address

3106 N Rockton Ave

Servicing Lender City

ROCKFORD

Servicing Lender State

IL

Servicing Lender Zip

61103-2837

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61107-3925

CD

IL-17

Jobs Reported

10

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

27175.00

Payroll Proceed

81525.00

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

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

109503.17

Forgiveness Date

01/07/2021

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