PPP Loan information for Frankfort family automotive, inc.

$81,900

Frankfort family automotive, inc. was initially approved for PPP Loan of amount $81,900, the current approved amount is $81,900. The loan was approved on 04/27/2020 by The Old Second National Bank reported 7 jobs and $81,900 was used to fund payroll.

Frankfort family automotive, inc. is Existing or more than 2 years old

FRANKFORT FAMILY AUTOMOTIVE, INC.

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FRANKFORT FAMILY AUTOMOTIVE, INC.

Borrower Address

22359 S CENTER RD

Borrower City

FRANKFORT

Borrower State

IL

Borrower Zip

60423-1627

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81900.00

Current Approval Amount

81900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKFORT

Project County Name

WILL

Project State

IL

Project Zip

60423-1627

CD

IL-01

Jobs Reported

7

NAICS Code

811118

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

73900.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82359.55

Forgiveness Date

11/17/2020

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