Van Dam Motors INC

$765,252 PPP Loan in South Holland, Illinois

Loan Details

Loan Number
5603227003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$765,252
Current Approval
$765,253
Forgiveness Amount
$773,607
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Van Dam Motors INC
Address
16269 Van Dam Rd
ZIP Code
60473-2646
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$19.2M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$573,940
Utilities
$76,525
Mortgage Interest
$114,788

Lender Information

Servicing Lender
Beverly Bank & Trust Company, National Association
Originating Lender
Beverly Bank & Trust Company, National Association

Other PPP Loans in South Holland, IL

BusinessApproved
Miniat Holdings LLC$10,000,000NewBizBotResearch
Universal Pool Co., INC$3,493,000NewBizBotResearch
Chicago Heights Glass, INC$3,379,800NewBizBotResearch
Walter Lagestee, Inc.$2,619,833NewBizBotResearch
Robinson Engineering, Ltd.$2,530,400NewBizBotResearch

Want to research this company further?

Try NewBizBot free