PPP Loan information for Tower car wash

$85,570

Tower car wash was initially approved for PPP Loan of amount $64,700, the current approved amount is $85,570. The loan was approved on 04/05/2020 by The State Bank of the Lakes, National Association reported 18 jobs and $85,570 was used to fund payroll.

Tower car wash is Existing or more than 2 years old

TOWER CAR WASH

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TOWER CAR WASH

Borrower Address

12225 WESTERN AVE

Borrower City

BLUE ISLAND

Borrower State

IL

Borrower Zip

60406-1329

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64700.00

Current Approval Amount

85570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20227

Servicing Lender Name

State Bank of the Lakes, National Association

Servicing Lender Address

440 Lake St

Servicing Lender City

ANTIOCH

Servicing Lender State

IL

Servicing Lender Zip

60002-1406

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BLUE ISLAND

Project County Name

COOK

Project State

IL

Project Zip

60406-1329

CD

IL-01

Jobs Reported

18

NAICS Code

811192

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21392.50

Payroll Proceed

64177.50

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

Partnership

Originating Lender Location Id

20227

Originating Lender

State Bank of the Lakes, National Association

Originating Lender City

ANTIOCH

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86119.07

Forgiveness Date

12/03/2020

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