Ultimate Car Wash Inc.

$123,000 PPP Loan in Belvidere, Illinois

Loan Details

Loan Number
6454147003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$123,000
Current Approval
$123,000
Forgiveness Amount
$124,121
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ultimate Car Wash Inc.
Address
2121 N State St
ZIP Code
61008-1960
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811192)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$9.2M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$92,500
Rent
$22,000
Utilities
$7,500
Debt Interest
$1,000

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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