Northwestern Motors Holding Inc.

$460,162 PPP Loan in Mt Prospect, Illinois

Loan Details

Loan Number
1490487103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$460,162
Current Approval
$460,162
Forgiveness Amount
$466,363
Forgiveness Date
Aug 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northwestern Motors Holding Inc.
Address
333 W Rand Rd 0.0
ZIP Code
60056-1044
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$348,762
Rent
$50,000
Utilities
$5,000
Health Care
$20,000
Debt Interest
$36,400

Lender Information

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

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