Napleton Schaumburg Motors, INC

$336,125 PPP Loan in Schaumburg, Illinois

Loan Details

Loan Number
1562317109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$336,125
Current Approval
$336,125
Forgiveness Amount
$340,618
Forgiveness Date
Aug 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Napleton Schaumburg Motors, INC
Address
110 W Golf Rd 0.0
ZIP Code
60195-3604
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$5.0M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$253,000
Rent
$50,000
Utilities
$5,000
Health Care
$16,000
Debt Interest
$12,125

Lender Information

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

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