PPP Loan information for Aca motors, inc

$940,190

Aca motors, inc was initially approved for PPP Loan of amount $940,190, the current approved amount is $940,190. The loan was approved on 04/13/2020 by The JPMorgan Chase Bank, National Association reported 85 jobs and $940,190 was used to fund payroll.

Aca motors, inc is Existing or more than 2 years old

PPP Loan Search / IL / NAPERVILLE / Aca motors, inc

ACA MOTORS, INC

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ACA MOTORS, INC

Borrower Address

2275 Aurora Ave

Borrower City

NAPERVILLE

Borrower State

IL

Borrower Zip

60540-1003

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

940190.00

Current Approval Amount

940190.00

Undisbursed Amount

0.00

Franchise Name

Acura Automobile Division - 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

N

Business Age Description

Existing or more than 2 years old

Project City

NAPERVILLE

Project County Name

DUPAGE

Project State

IL

Project Zip

60540-1003

CD

IL-11

Jobs Reported

85

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

702190.00

Mortgage Interest Proceed

0.00

Rent Proceed

132000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

31000

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

949173.52

Forgiveness Date

03/31/2021

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