Rohr-Grove Motors, Inc.

$850,000 PPP Loan in Arlington Heights, Illinois

Loan Details

Loan Number
1330627109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$850,000
Current Approval
$850,000
Forgiveness Amount
$859,857
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rohr-Grove Motors, Inc.
Address
1100 W Dundee Rd 0.0
ZIP Code
60004-0001
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
78
Estimated Revenue
$19.7M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$782,000
Rent
$45,000
Utilities
$7,500
Debt Interest
$15,500

Lender Information

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

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