Gerald Hyundai INC

$718,000 PPP Loan in North Aurora, Illinois

Loan Details

Loan Number
7678747108
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$718,000
Current Approval
$718,000
Forgiveness Amount
$729,348
Forgiveness Date
Nov 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gerald Hyundai INC
Address
209 Hansen Blvd
ZIP Code
60542
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Hyundai Motor America - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$12.6M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$538,500
Rent
$89,750
Utilities
$89,750

Lender Information

Servicing Lender
Wheaton Bank & Trust Company, National Association
Originating Lender
Wheaton Bank & Trust Company, National Association

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