Mcgrath Motors, Inc.
$1,060,300 PPP Loan in Saint Charles, Illinois
Loan Details
- Loan Number
- 4903847205
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,060,300
- Current Approval
- $1,060,300
- Forgiveness Amount
- $1,069,519
- Forgiveness Date
- Mar 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mcgrath Motors, Inc.
- Address
- 1411 E. Main Street
- City
- Saint Charles
- State
- Illinois
- ZIP Code
- 60174-2342
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Honda Automobile Division - Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 94
- Estimated Revenue
- $23.7M
- Rural/Urban
- Urban
- Congressional District
- IL-11
Loan Use Breakdown
- Payroll
- $848,302
- Mortgage Interest
- $211,998
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
Other PPP Loans in Saint Charles, IL
| Business | Approved | |
|---|---|---|
| Bison Gear and Engineering Corp | $4,285,000 | |
| Vertex Resource Group INC | $3,992,000 | |
| Tvv-C Acquisitions, LLC | $3,878,300 | |
| Rosin Optical Co INC | $3,338,300 | |
| Microplastics, Inc. | $3,201,000 |
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