PPP Loan information for South chicago auto auction llc

$82,568

South chicago auto auction llc was initially approved for PPP Loan of amount $82,568, the current approved amount is $82,568. The loan was approved on 01/21/2021 by The BMO Harris Bank National Association reported 5 jobs and $82,568 was used to fund payroll.

South chicago auto auction llc is Existing or more than 2 years old

SOUTH CHICAGO AUTO AUCTION LLC

Date Approved

01/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

SOUTH CHICAGO AUTO AUCTION LLC

Borrower Address

396 E 147th St

Borrower City

Harvey

Borrower State

IL

Borrower Zip

60426-1938

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82567.50

Current Approval Amount

82567.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Harvey

Project County Name

COOK

Project State

IL

Project Zip

60426-1938

CD

IL-02

Jobs Reported

5

NAICS Code

423110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

82567.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83424.84

Forgiveness Date

02/10/2022

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