Rohrman Midwest Motors, Inc.
$600,000 PPP Loan in Palatine, Illinois
Loan Details
- Loan Number
- 4755407101
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $600,000
- Current Approval
- $600,000
- Forgiveness Amount
- $606,876
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rohrman Midwest Motors, Inc.
- Address
- 1275 E Dundee Rd
- City
- Palatine
- State
- Illinois
- ZIP Code
- 60074-8308
- 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
- 45
- Estimated Revenue
- $11.3M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $566,900
- Rent
- $19,100
- Utilities
- $2,500
- Debt Interest
- $11,500
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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