Iconic Motors Inc. DBA Elgin Volkswagen

$418,437 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
2660868605
Date Approved
Mar 15, 2021
Loan Status
Paid in Full
Initial Approval
$418,437
Current Approval
$418,437
Forgiveness Amount
$421,599
Forgiveness Date
Dec 21, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Iconic Motors Inc. DBA Elgin Volkswagen
Address
2630 Auto Mall Dr
City
Elgin
ZIP Code
60124-8190
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Nissan North America, Inc. - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.6M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$418,432
Utilities
$1

Lender Information

Servicing Lender
Byline Bank
Originating Lender
Byline Bank

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