The Midwest Triumph Corporation of Mundelein

$153,500 PPP Loan in Des Plaines, Illinois

Loan Details

Loan Number
5365077010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$153,500
Current Approval
$153,500
Forgiveness Amount
$154,529
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Midwest Triumph Corporation of Mundelein
Address
550 E. Northwest Hwy
ZIP Code
60016-2203
Business Type
Corporation
Industry (NAICS)
Retail Trade (441228)
Franchise
Honda Powersports Sales and Service Agreements
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$5.2M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$115,124
Rent
$12,792
Utilities
$12,792
Health Care
$12,792

Lender Information

Servicing Lender
Village Bank and Trust, National Association
Originating Lender
Village Bank and Trust, National Association

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