Van Dam Motors Inc.

$749,367 PPP Loan in South Holland, Illinois

Loan Details

Loan Number
3249838307
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$749,367
Current Approval
$749,367
Forgiveness Amount
$757,735
Forgiveness Date
Mar 8, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Van Dam Motors Inc.
Address
16269 Van Dam Rd
ZIP Code
60473-2646
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
68
Estimated Revenue
$17.1M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$749,367

Lender Information

Servicing Lender
Beverly Bank & Trust Company, National Association
Originating Lender
Beverly Bank & Trust Company, National Association

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