PPP Loan information for The auto exchange, inc.

$113,700

The auto exchange, inc. was initially approved for PPP Loan of amount $113,700, the current approved amount is $113,700. The loan was approved on 04/28/2020 by The Old Second National Bank reported 16 jobs and $113,700 was used to fund payroll.

The auto exchange, inc. is Existing or more than 2 years old

PPP Loan Search / IL / HARVEY / The auto exchange, inc.

THE AUTO EXCHANGE, INC.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THE AUTO EXCHANGE, INC.

Borrower Address

15859 DIXIE HWY

Borrower City

HARVEY

Borrower State

IL

Borrower Zip

60426-4132

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113700.00

Current Approval Amount

113700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

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

60426-4132

CD

IL-02

Jobs Reported

16

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3932.00

Payroll Proceed

105568.00

Mortgage Interest Proceed

0.00

Rent Proceed

4200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114312.72

Forgiveness Date

11/17/2020

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