Napleton's Elgin Motors Holding Inc.

$383,992 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
1904657107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$383,992
Current Approval
$383,992
Forgiveness Amount
$389,156
Forgiveness Date
Aug 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Napleton's Elgin Motors Holding Inc.
Address
909 E Chicago Ave 0.0
City
Elgin
ZIP Code
60120-6820
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$298,330
Rent
$30,000
Utilities
$6,000
Health Care
$18,662
Debt Interest
$31,000

Lender Information

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

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