Gillespie Automotive LLC
$659,372 PPP Loan in Lake Villa, Illinois
Loan Details
- Loan Number
- 5070777000
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $659,372
- Current Approval
- $659,372
- Forgiveness Amount
- $663,750
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Gillespie Automotive LLC
- Address
- 18834 W Grand Ave
- City
- Lake Villa
- State
- Illinois
- ZIP Code
- 60046-7521
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Other Services (except Public Administration) (811111)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 55
- Estimated Revenue
- $10.8M
- Rural/Urban
- Urban
- Congressional District
- IL-10
Loan Use Breakdown
- Payroll
- $497,909
- Rent
- $82,000
- Utilities
- $8,277
- Health Care
- $57,870
- Debt Interest
- $13,316
Lender Information
- Servicing Lender
- Belmont Bank & Trust Company
- Originating Lender
- Belmont Bank & Trust Company
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