Mcgrath Nissan INC
$558,942 PPP Loan in Elgin, Illinois
Loan Details
- Loan Number
- 1081827108
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $558,942
- Current Approval
- $558,942
- Forgiveness Amount
- $564,718
- Forgiveness Date
- Apr 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mcgrath Nissan INC
- Address
- 945 E Chicago St
- City
- Elgin
- State
- Illinois
- ZIP Code
- 60120-6820
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Nissan North America, Inc. - Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 38
- Estimated Revenue
- $9.6M
- Rural/Urban
- Urban
- Congressional District
- IL-03
Loan Use Breakdown
- Payroll
- $498,010
- Rent
- $7,000
- Utilities
- $16,915
- Health Care
- $37,017
Lender Information
- Servicing Lender
- Tbk Bank, Ssb
- Originating Lender
- Tbk Bank, Ssb
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