PPP Loan information for Libertyville lincoln sales, inc

$522,000

Libertyville lincoln sales, inc was initially approved for PPP Loan of amount $522,000, the current approved amount is $522,000. The loan was approved on 04/11/2020 by The Libertyville Bank & Trust Company, National Association reported 41 jobs and $522,000 was used to fund payroll.

Libertyville lincoln sales, inc is Existing or more than 2 years old

LIBERTYVILLE LINCOLN SALES, INC

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LIBERTYVILLE LINCOLN SALES, INC

Borrower Address

941 S Milwaukee Avenue

Borrower City

LIBERTYVILLE

Borrower State

IL

Borrower Zip

60048-3228

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

522000.00

Current Approval Amount

522000.00

Undisbursed Amount

0.00

Franchise Name

Lincoln Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

119728

Servicing Lender Name

Libertyville Bank & Trust Company, National Association

Servicing Lender Address

507 N Milwaukee Ave

Servicing Lender City

LIBERTYVILLE

Servicing Lender State

IL

Servicing Lender Zip

60048-2000

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LIBERTYVILLE

Project County Name

LAKE

Project State

IL

Project Zip

60048-3228

CD

IL-10

Jobs Reported

41

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

65250.00

Payroll Proceed

391500.00

Mortgage Interest Proceed

0.00

Rent Proceed

65250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

119728

Originating Lender

Libertyville Bank & Trust Company, National Association

Originating Lender City

LIBERTYVILLE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

525364.00

Forgiveness Date

12/09/2020

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