PPP Loan information for Mcgrath city hyundai, inc.

$1,972,400

Mcgrath city hyundai, inc. was initially approved for PPP Loan of amount $1,972,400, the current approved amount is $1,972,400. The loan was approved on 04/27/2020 by The Live Oak Banking Company reported 173 jobs and $1,972,400 was used to fund payroll.

Mcgrath city hyundai, inc. is Existing or more than 2 years old

PPP Loan Search / IL / Chicago / Mcgrath city hyundai, inc.

MCGRATH CITY HYUNDAI, INC.

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MCGRATH CITY HYUNDAI, INC.

Borrower Address

6750 W Grand Ave.

Borrower City

Chicago

Borrower State

IL

Borrower Zip

60707

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1972400.00

Current Approval Amount

1972400.00

Undisbursed Amount

0.00

Franchise Name

Hyundai Motor America - Dealer Sales and Service Agreement

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chicago

Project County Name

COOK

Project State

IL

Project Zip

60707-0001

CD

IL-03

Jobs Reported

173

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1972400.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1991745.73

Forgiveness Date

04/22/2021

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