PPP Loan information for Northwest automotive, inc

$40,000

Northwest automotive, inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 4 jobs and $40,000 was used to fund payroll.

Northwest automotive, inc is New Business or 2 years or less

PPP Loan Search / IL / PALATINE / Northwest automotive, inc

NORTHWEST AUTOMOTIVE, INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NORTHWEST AUTOMOTIVE, INC

Borrower Address

123 W NORTHWEST HWY

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60067

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

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

New Business or 2 years or less

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60067-0200

CD

IL-05

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

33000.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40376.76

Forgiveness Date

04/13/2021

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