PPP Loan information for K auto repair & tire center inc.

$105,400

K auto repair & tire center inc. was initially approved for PPP Loan of amount $105,400, the current approved amount is $105,400. The loan was approved on 04/09/2020 by The Village Bank and Trust, National Association reported 11 jobs and $105,400 was used to fund payroll.

K auto repair & tire center inc. is Existing or more than 2 years old

PPP Loan Search / IL / ARLINGTON HEIGHTS / K auto repair & tire center inc.

K AUTO REPAIR & TIRE CENTER INC.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

K AUTO REPAIR & TIRE CENTER INC.

Borrower Address

NORTHWEST HWY

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60004-5252

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105400.00

Current Approval Amount

105400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60004-5252

CD

IL-08

Jobs Reported

11

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6588.00

Payroll Proceed

79050.00

Mortgage Interest Proceed

0.00

Rent Proceed

6588.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6587.00

Debt Interest Proceed

6587

Business Type

Corporation

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

95919.40

Forgiveness Date

11/03/2020

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