St. Clair Volkswagen, INC

$612,150 PPP Loan in O'fallon, Illinois

Loan Details

Loan Number
1045747100
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$612,150
Current Approval
$612,150
Forgiveness Amount
$619,549
Forgiveness Date
Jun 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
St. Clair Volkswagen, INC
Address
1708 New Car Drive 0.0
ZIP Code
62269-1656
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Volkswagen Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$462,150
Rent
$60,000
Utilities
$25,000
Health Care
$65,000

Lender Information

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

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