Bob Jass Chevrolet, Inc.

$345,300 PPP Loan in Elburn, Illinois

Loan Details

Loan Number
7155177006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$345,300
Current Approval
$345,300
Forgiveness Amount
$347,861
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bob Jass Chevrolet, Inc.
Address
300 S. Main St
City
Elburn
ZIP Code
60119-9426
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
32
Estimated Revenue
$8.1M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$305,300
Rent
$40,000

Lender Information

Servicing Lender
Old Second National Bank
Originating Lender
Old Second National Bank

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