PPP Loan information for Berman's auto group inc.

$2,000,000

Berman's auto group inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/08/2021 by The JPMorgan Chase Bank, National Association reported 209 jobs and $2,000,000 was used to fund payroll.

Berman's auto group inc. is Existing or more than 2 years old

BERMAN'S AUTO GROUP INC.

Date Approved

03/08/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

BERMAN'S AUTO GROUP INC.

Borrower Address

5757 W Touhy Ave

Borrower City

Niles

Borrower State

IL

Borrower Zip

60714-4605

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Niles

Project County Name

COOK

Project State

IL

Project Zip

60714-4605

CD

IL-05

Jobs Reported

209

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

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

2019872.22

Forgiveness Date

03/10/2022

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