J. Adams Auto Body, Inc.
$300,000 PPP Loan in Mchenry, Illinois
Loan Details
- Loan Number
- 2821657106
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $300,000
- Current Approval
- $300,000
- Forgiveness Amount
- $301,933
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- J. Adams Auto Body, Inc.
- Address
- 1811 W Il Route 120
- City
- Mchenry
- State
- Illinois
- ZIP Code
- 60051-8783
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811121)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 22
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-10
Loan Use Breakdown
- Payroll
- $275,704
- Rent
- $20,000
- Utilities
- $4,296
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank and Trust National Association
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| Gary Lang Chevrolet, Inc. | $1,927,000 | Research |
| The Frate Group, Inc. | $1,684,400 | Research |
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