Marquardt Buick, Inc.

$623,800 PPP Loan in Barrington, Illinois

Loan Details

Loan Number
7151737000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$623,800
Current Approval
$623,800
Forgiveness Amount
$628,409
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marquardt Buick, Inc.
Address
1421 S. Barrington Rd
ZIP Code
60010-5205
Business Type
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
38
Estimated Revenue
$9.6M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$467,850
Rent
$38,988
Utilities
$38,988
Health Care
$38,988
Debt Interest
$38,988

Lender Information

Servicing Lender
Village Bank and Trust, National Association
Originating Lender
Village Bank and Trust, National Association

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