Ars Auto Repair, Inc.
$50,000 PPP Loan in Mendota, Illinois
Loan Details
- Loan Number
- 8455167010
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $50,000
- Current Approval
- $50,000
- Forgiveness Amount
- $50,295
- Forgiveness Date
- Nov 17, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ars Auto Repair, Inc.
- Address
- 307 Plaza Dr
- City
- Mendota
- State
- Illinois
- ZIP Code
- 61342-2450
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 5
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- IL-14
Loan Use Breakdown
- Payroll
- $46,000
- Rent
- $4,000
Lender Information
- Servicing Lender
- First State Bank
- Originating Lender
- First State Bank
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|---|---|---|
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| Holland & Sons, Inc. | $1,751,700 | AI Deep Dive |
| Northern Partners Cooperative | $1,303,693 | AI Deep Dive |
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| Starved Rock Wood Products LLC | $1,238,800 | AI Deep Dive |
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