PPP Loan information for Thomas motors of illinois, inc.

$531,897

Thomas motors of illinois, inc. was initially approved for PPP Loan of amount $531,897, the current approved amount is $531,897. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 46 jobs and $531,897 was used to fund payroll.

Thomas motors of illinois, inc. is Existing or more than 2 years old

PPP Loan Search / IL / Joliet / Thomas motors of illinois, inc.

THOMAS MOTORS OF ILLINOIS, INC.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THOMAS MOTORS OF ILLINOIS, INC.

Borrower Address

1421 N. Larkin 0.0

Borrower City

Joliet

Borrower State

IL

Borrower Zip

60435-1472

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

531897.00

Current Approval Amount

531897.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Joliet

Project County Name

WILL

Project State

IL

Project Zip

60435-1472

CD

IL-14

Jobs Reported

46

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

440865.00

Mortgage Interest Proceed

0.00

Rent Proceed

44000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7032.00

Debt Interest Proceed

30000

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

537022.71

Forgiveness Date

03/31/2021

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