PPP Loan information for Berman's auto group, inc

$3,821,290

Berman's auto group, inc was initially approved for PPP Loan of amount $3,821,290, the current approved amount is $3,821,290. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 322 jobs and $3,821,290 was used to fund payroll.

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

PPP Loan Search / IL / Niles / Berman's auto group, inc

BERMAN'S AUTO GROUP, INC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BERMAN'S AUTO GROUP, INC

Borrower Address

5757 W Touhy Avenue 0.0

Borrower City

Niles

Borrower State

IL

Borrower Zip

60714-3907

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3821290.00

Current Approval Amount

3821290.00

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

60714-3907

CD

IL-09

Jobs Reported

322

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60000.00

Payroll Proceed

3170290.00

Mortgage Interest Proceed

0.00

Rent Proceed

461000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

130000

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

3871533.59

Forgiveness Date

08/09/2021

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