Affordable Autos, Inc.

$41,835 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
6553697010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$41,835
Current Approval
$41,836
Forgiveness Amount
$42,177
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Affordable Autos, Inc.
Address
840 E Chicago St
City
Elgin
ZIP Code
60120-6819
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441310)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$31,377
Rent
$4,184
Health Care
$6,275

Lender Information

Servicing Lender
St. Charles Bank & Trust Company, National Association
Originating Lender
St. Charles Bank & Trust Company, National Association

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