PPP Loan information for Wheeling auto center inc.

$162,463

Wheeling auto center inc. was initially approved for PPP Loan of amount $162,463, the current approved amount is $162,463. The loan was approved on 04/14/2020 by The Cornerstone National Bank & Trust Company reported 11 jobs and $162,463 was used to fund payroll.

Wheeling auto center inc. is Existing or more than 2 years old

WHEELING AUTO CENTER INC.

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

WHEELING AUTO CENTER INC.

Borrower Address

2430 HINTZ RD

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60004-2201

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162463.00

Current Approval Amount

162463.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60004-2201

CD

IL-09

Jobs Reported

11

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8123.15

Payroll Proceed

129970.40

Mortgage Interest Proceed

8123.15

Rent Proceed

16246.30

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

153293.08

Forgiveness Date

11/05/2020

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