Aca Motors, INC

$940,190 PPP Loan in Naperville, Illinois

Loan Details

Loan Number
4706697100
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$940,190
Current Approval
$940,190
Forgiveness Amount
$949,174
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Aca Motors, INC
Address
2275 Aurora Ave
ZIP Code
60540-1003
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
85
Estimated Revenue
$21.4M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$702,190
Rent
$132,000
Utilities
$25,000
Health Care
$50,000
Debt Interest
$31,000

Lender Information

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

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