PPP Loan information for Stephens automotive incorporated

$66,221

Stephens automotive incorporated was initially approved for PPP Loan of amount $66,221, the current approved amount is $66,221. The loan was approved on 04/28/2020 by The Cornerstone National Bank & Trust Company reported 4 jobs and $66,221 was used to fund payroll.

Stephens automotive incorporated is Existing or more than 2 years old

STEPHENS AUTOMOTIVE INCORPORATED

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

STEPHENS AUTOMOTIVE INCORPORATED

Borrower Address

673 W. COLFAX ST

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60067-2340

Loan Status Date

05/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66221.00

Current Approval Amount

66221.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60067-2340

CD

IL-05

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

52976.80

Mortgage Interest Proceed

0.00

Rent Proceed

9933.15

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3311.05

Business Type

Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

66868.49

Forgiveness Date

04/26/2021

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