PPP Loan information for Whips automotive, inc.

$77,457

Whips automotive, inc. was initially approved for PPP Loan of amount $77,457, the current approved amount is $77,457. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $77,457 was used to fund payroll.

Whips automotive, inc. is New Business or 2 years or less

PPP Loan Search / IL / WHEELING / Whips automotive, inc.

WHIPS AUTOMOTIVE, INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

WHIPS AUTOMOTIVE, INC.

Borrower Address

90 MCHENRY RD

Borrower City

WHEELING

Borrower State

IL

Borrower Zip

60090-2683

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77457.00

Current Approval Amount

77457.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WHEELING

Project County Name

COOK

Project State

IL

Project Zip

60090-2683

CD

IL-10

Jobs Reported

10

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77457.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78307.97

Forgiveness Date

06/10/2021

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