PPP Loan information for Highland park motorcars inc

$1,030,605

Highland park motorcars inc was initially approved for PPP Loan of amount $1,030,605, the current approved amount is $1,030,605. The loan was approved on 04/14/2020 by The JPMorgan Chase Bank, National Association reported 90 jobs and $1,030,605 was used to fund payroll.

Highland park motorcars inc is Existing or more than 2 years old

HIGHLAND PARK MOTORCARS INC

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

HIGHLAND PARK MOTORCARS INC

Borrower Address

1350 PARK AVE WEST 0.0

Borrower City

HIGHLAND PARK

Borrower State

IL

Borrower Zip

60035-2207

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1030605.00

Current Approval Amount

1030605.00

Undisbursed Amount

0.00

Franchise Name

Subaru Dealer Agreement

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

HIGHLAND PARK

Project County Name

LAKE

Project State

IL

Project Zip

60035-2207

CD

IL-10

Jobs Reported

90

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18000.00

Payroll Proceed

824484.00

Mortgage Interest Proceed

0.00

Rent Proceed

103400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

84721.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1040845.21

Forgiveness Date

04/15/2021

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