Karl Knauz Motors, INC

$4,457,010 PPP Loan in Lake Bluff, Illinois

Loan Details

Loan Number
6100607100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$4,457,010
Current Approval
$4,457,010
Forgiveness Amount
$4,514,642
Forgiveness Date
Aug 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Karl Knauz Motors, INC
Address
775 Rockland Road 0.0
ZIP Code
60044-2208
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
293
Estimated Revenue
$73.8M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$3,555,410
Rent
$192,600
Utilities
$90,000
Health Care
$445,000
Debt Interest
$174,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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