PPP Loan information for Elite auto repair & sales llc

$195,862

Elite auto repair & sales llc was initially approved for PPP Loan of amount $195,862, the current approved amount is $195,862. The loan was approved on 04/20/2021 by The JPMorgan Chase Bank, National Association reported 17 jobs and $195,862 was used to fund payroll.

Elite auto repair & sales llc is Existing or more than 2 years old

PPP Loan Search / IL / Des Plaines / Elite auto repair & sales llc

ELITE AUTO REPAIR & SALES LLC

Date Approved

04/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ELITE AUTO REPAIR & SALES LLC

Borrower Address

1757 S Mount Prospect Rd

Borrower City

Des Plaines

Borrower State

IL

Borrower Zip

60018-1803

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195862.00

Current Approval Amount

195862.00

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

Des Plaines

Project County Name

COOK

Project State

IL

Project Zip

60018-1803

CD

IL-03

Jobs Reported

17

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

195862.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197125.64

Forgiveness Date

12/15/2021

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