PPP Loan information for Lincoln highway auto repair ltd

$109,000

Lincoln highway auto repair ltd was initially approved for PPP Loan of amount $109,000, the current approved amount is $109,000. The loan was approved on 01/22/2021 by The Peoples Bank reported 10 jobs and $109,000 was used to fund payroll.

Lincoln highway auto repair ltd is Existing or more than 2 years old

PPP Loan Search / IL / Lynwood / Lincoln highway auto repair ltd

LINCOLN HIGHWAY AUTO REPAIR LTD

Date Approved

01/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

LINCOLN HIGHWAY AUTO REPAIR LTD

Borrower Address

21551 E Lincoln Hwy

Borrower City

Lynwood

Borrower State

IL

Borrower Zip

60411-8745

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109000.00

Current Approval Amount

109000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81983

Servicing Lender Name

Peoples Bank

Servicing Lender Address

9204 Columbia Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-3570

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lynwood

Project County Name

COOK

Project State

IL

Project Zip

60411-8745

CD

IL-02

Jobs Reported

10

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

108994.00

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

81983

Originating Lender

Peoples Bank

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109686.85

Forgiveness Date

09/15/2021

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