Flag Automotive Group, INC
$603,700 PPP Loan in Grayslake, Illinois
Loan Details
- Loan Number
- 5346487009
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $603,700
- Current Approval
- $603,700
- Forgiveness Amount
- $607,542
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Flag Automotive Group, INC
- Address
- 1000e Belvidere Rd
- City
- Grayslake
- State
- Illinois
- ZIP Code
- 60030-2074
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 43
- Estimated Revenue
- $10.8M
- Rural/Urban
- Urban
- Congressional District
- IL-10
Loan Use Breakdown
- Payroll
- $468,700
- Rent
- $125,000
- Utilities
- $10,000
Lender Information
- Servicing Lender
- Bank of Pontiac
- Originating Lender
- Bank of Pontiac
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|---|---|---|
| Little Lake Learning Station | $3,393,800 |  Research |
| Harger, Inc. | $1,559,900 | Research |
| Sancken Trucking Inc. | $1,262,500 | Research |
| Rasco Mason Contractors, Inc. | $1,168,700 | Research |
| Bake's Steel Erectors Inc. | $1,125,000 | Research |
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