PPP Loan information for Mcgrath automotive inc

$1,001,110

Mcgrath automotive inc was initially approved for PPP Loan of amount $1,001,110, the current approved amount is $1,001,110. The loan was approved on 03/31/2021 by The Bank of America, National Association reported 71 jobs and $1,001,110 was used to fund payroll.

Mcgrath automotive inc is Existing or more than 2 years old

PPP Loan Search / IL / Westmont / Mcgrath automotive inc

MCGRATH AUTOMOTIVE INC

Date Approved

03/31/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MCGRATH AUTOMOTIVE INC

Borrower Address

400 E Ogden Ave

Borrower City

Westmont

Borrower State

IL

Borrower Zip

60559-1203

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1001110.00

Current Approval Amount

1001110.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westmont

Project County Name

DUPAGE

Project State

IL

Project Zip

60559-1203

CD

IL-06

Jobs Reported

71

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1001106.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1008268.62

Forgiveness Date

12/23/2021

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