PPP Loan information for Munich truck repair inc.

$224,337

Munich truck repair inc. was initially approved for PPP Loan of amount $224,337, the current approved amount is $224,337. The loan was approved on 03/16/2021 by The Bank of America, National Association reported 7 jobs and $224,337 was used to fund payroll.

Munich truck repair inc. is Existing or more than 2 years old

MUNICH TRUCK REPAIR INC.

Date Approved

03/16/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MUNICH TRUCK REPAIR INC.

Borrower Address

12500 S Cicero Ave

Borrower City

Alsip

Borrower State

IL

Borrower Zip

60803-2910

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

224337.00

Current Approval Amount

224337.00

Undisbursed Amount

0.00

Franchise Name

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Alsip

Project County Name

COOK

Project State

IL

Project Zip

60803-2910

CD

IL-06

Jobs Reported

7

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

224336.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

225781.36

Forgiveness Date

11/17/2021

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