Bob Grimm Chevrolet, Inc.
$503,500 PPP Loan in Morton, Illinois
Loan Details
- Loan Number
- 6618007102
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $503,500
- Current Approval
- $503,500
- Forgiveness Amount
- $508,703
- Forgiveness Date
- Apr 29, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Bob Grimm Chevrolet, Inc.
- Address
- 2271 S. Main St.
- City
- Morton
- State
- Illinois
- ZIP Code
- 61550
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 49
- Estimated Revenue
- $12.3M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $503,500
Lender Information
- Servicing Lender
- Heartland Bank and Trust Company
- Originating Lender
- Heartland Bank and Trust Company
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