PPP Loan information for Cars plus repairs inc.

$55,253

Cars plus repairs inc. was initially approved for PPP Loan of amount $55,253, the current approved amount is $55,253. The loan was approved on 01/20/2021 by The BMO Harris Bank National Association reported 5 jobs and $55,253 was used to fund payroll.

Cars plus repairs inc. is Existing or more than 2 years old

CARS PLUS REPAIRS INC.

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CARS PLUS REPAIRS INC.

Borrower Address

4912 Wallbank Ave

Borrower City

Downers Grove

Borrower State

IL

Borrower Zip

60515-3402

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55252.50

Current Approval Amount

55252.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Downers Grove

Project County Name

DUPAGE

Project State

IL

Project Zip

60515-3402

CD

IL-06

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

55249.50

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

Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55721.77

Forgiveness Date

12/06/2021

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