Anderson Motor Company of Crystal Lake INC

$819,500 PPP Loan in Crystal Lake, Illinois

Loan Details

Loan Number
4975748401
Date Approved
Feb 7, 2021
Loan Status
Paid in Full
Initial Approval
$819,500
Current Approval
$819,500
Forgiveness Amount
$824,529
Forgiveness Date
Sep 29, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Anderson Motor Company of Crystal Lake INC
Address
360 N Il Route 31
ZIP Code
60012-3759
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Volkswagen Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$16.4M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$819,500

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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