Mcgrath Imports, Inc.
$2,406,200 PPP Loan in Morton Grove, Illinois
Loan Details
- Loan Number
- 2194367309
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,406,200
- Current Approval
- $2,406,200
- Forgiveness Amount
- $2,443,897
- Forgiveness Date
- Nov 24, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mcgrath Imports, Inc.
- Address
- 7000 Golf Rd
- City
- Morton Grove
- State
- Illinois
- ZIP Code
- 60053-1328
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Acura Automobile Division - Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 191
- Estimated Revenue
- $48.1M
- Rural/Urban
- Urban
- Congressional District
- IL-09
Loan Use Breakdown
- Payroll
- $1,924,960
- Mortgage Interest
- $481,240
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
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