Rohr-Burg Motors Inc.

$750,000 PPP Loan in Schaumburg, Illinois

Loan Details

Loan Number
4541137108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$750,000
Current Approval
$750,000
Forgiveness Amount
$758,636
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rohr-Burg Motors Inc.
Address
815 E Golf Rd
ZIP Code
60173-4501
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$15.1M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$698,015
Rent
$28,250
Utilities
$5,000
Debt Interest
$18,735

Lender Information

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

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