Palella's Auto Body, Inc.

$48,277 PPP Loan in Rolling Meadows, Illinois

Loan Details

Loan Number
6050607210
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$48,277
Current Approval
$48,277
Forgiveness Amount
$48,634
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Palella's Auto Body, Inc.
Address
909 Rohlwing Road
ZIP Code
60008
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811121)
Business Age
Unanswered
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$38,621
Rent
$4,828
Utilities
$2,414
Mortgage Interest
$2,414

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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