PPP Loan information for Munich truck repair inc.

$224,339

Munich truck repair inc. was initially approved for PPP Loan of amount $224,339, the current approved amount is $224,339. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 18 jobs and $224,339 was used to fund payroll.

Munich truck repair inc. is New Business or 2 years or less

PPP Loan Search / IL / ALSIP / Munich truck repair inc.

MUNICH TRUCK REPAIR INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MUNICH TRUCK REPAIR INC.

Borrower Address

5440 W 122ND ST

Borrower City

ALSIP

Borrower State

IL

Borrower Zip

60803-3149

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224339.00

Current Approval Amount

224339.00

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

N

Business Age Description

New Business or 2 years or less

Project City

ALSIP

Project County Name

COOK

Project State

IL

Project Zip

60803-3149

CD

IL-06

Jobs Reported

18

NAICS Code

811412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

224339.00

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

227067.95

Forgiveness Date

07/22/2021

;