Continental Autos, INC

$2,121,602 PPP Loan in Hodgkins, Illinois

Loan Details

Loan Number
1035727101
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,121,602
Current Approval
$2,121,602
Forgiveness Amount
$2,149,844
Forgiveness Date
Aug 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Continental Autos, INC
Address
6701 S Lagrange Rd 0.0
ZIP Code
60525-4840
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
195
Estimated Revenue
$49.1M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$1,945,172
Rent
$23,000
Utilities
$28,000
Health Care
$85,430
Debt Interest
$40,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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