Mcgrath City Hyundai, Inc.

$1,972,400 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
4787497209
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,972,400
Current Approval
$1,972,400
Forgiveness Amount
$1,991,746
Forgiveness Date
Apr 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcgrath City Hyundai, Inc.
Address
6750 W Grand Ave.
ZIP Code
60707
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Hyundai Motor America - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
173
Estimated Revenue
$43.6M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$1,972,400

Lender Information

Servicing Lender
Live Oak Banking Company
Originating Lender
Live Oak Banking Company

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