PPP Loan information for Jennings volkswagen inc

$707,692

Jennings volkswagen inc was initially approved for PPP Loan of amount $707,692, the current approved amount is $707,692. The loan was approved on 04/10/2020 by The Busey Bank reported 50 jobs and $707,692 was used to fund payroll.

Jennings volkswagen inc is Existing or more than 2 years old

JENNINGS VOLKSWAGEN INC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

JENNINGS VOLKSWAGEN INC

Borrower Address

201 Waukegan Rd

Borrower City

Glenview

Borrower State

IL

Borrower Zip

60025-5100

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

707692.00

Current Approval Amount

707692.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glenview

Project County Name

COOK

Project State

IL

Project Zip

60025-5100

CD

IL-09

Jobs Reported

50

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

707692.00

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

Subchapter S Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

714100.54

Forgiveness Date

03/03/2021

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