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 07/17/2020 by The Byline Bank reported 30 jobs and $418,437 was used to fund payroll.

Iconic motors, inc. dba elgin volkswagen is New Business or 2 years or less

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

ICONIC MOTORS, INC. DBA ELGIN VOLKSWAGEN

Date Approved

07/17/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ICONIC MOTORS, INC. DBA ELGIN VOLKSWAGEN

Borrower Address

2630 AUTO MALL DR

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123

Loan Status Date

10/21/2021

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

Volkswagen Dealer 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

New Business or 2 years or less

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60123-0300

CD

IL-08

Jobs Reported

30

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

418437.00

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

423121.17

Forgiveness Date

08/31/2021

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