PPP Loan information for Iconic motors inc. dba elgin volkswagen

$418,437

Iconic motors inc. dba elgin volkswagen was initially approved for PPP Loan of amount $418,437, the current approved amount is $418,437. The loan was approved on 03/15/2021 by The Byline Bank reported 30 jobs and $418,437 was used to fund payroll.

Iconic motors inc. dba elgin volkswagen is Existing or more than 2 years old

PPP Loan Search / IL / Elgin / Iconic motors inc. dba elgin volkswagen

ICONIC MOTORS INC. DBA ELGIN VOLKSWAGEN

Date Approved

03/15/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ICONIC MOTORS INC. DBA ELGIN VOLKSWAGEN

Borrower Address

2630 Auto Mall Dr

Borrower City

Elgin

Borrower State

IL

Borrower Zip

60124-8190

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

418437.00

Current Approval Amount

418437.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

Servicing Lender Location Id

21023

Servicing Lender Name

Byline Bank

Servicing Lender Address

180 N LaSalle St, Ste 300

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60601-3110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elgin

Project County Name

KANE

Project State

IL

Project Zip

60124-8190

CD

IL-08

Jobs Reported

30

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

418432.00

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

Corporation

Originating Lender Location Id

21023

Originating Lender

Byline Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

421598.52

Forgiveness Date

12/21/2021

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