PPP Loan information for S & k buick gmc inc

$690,000

S & k buick gmc inc was initially approved for PPP Loan of amount $690,000, the current approved amount is $690,000. The loan was approved on 01/26/2021 by The Bank of Springfield reported 50 jobs and $690,000 was used to fund payroll.

S & k buick gmc inc is Existing or more than 2 years old

PPP Loan Search / IL / Springfield / S & k buick gmc inc

S & K BUICK GMC INC

Date Approved

01/26/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

S & K BUICK GMC INC

Borrower Address

1400 S Dirksen Pkwy

Borrower City

Springfield

Borrower State

IL

Borrower Zip

62703-2127

Loan Status Date

08/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

690000.00

Current Approval Amount

690000.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

22586

Servicing Lender Name

Bank of Springfield

Servicing Lender Address

2600 Stevenson Dr

Servicing Lender City

SPRINGFIELD

Servicing Lender State

IL

Servicing Lender Zip

62703-4328

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

SANGAMON

Project State

IL

Project Zip

62703-2127

CD

IL-13

Jobs Reported

50

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

689998.00

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

Subchapter S Corporation

Originating Lender Location Id

22586

Originating Lender

Bank of Springfield

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

693894.25

Forgiveness Date

08/23/2021

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