Ken's American Motors, Inc.

$255,300 PPP Loan in East Saint Louis, Illinois

Loan Details

Loan Number
8735017201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$255,300
Current Approval
$255,300
Forgiveness Amount
$257,931
Forgiveness Date
May 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ken's American Motors, Inc.
Address
3001 Camp Jackson Rd
ZIP Code
62206
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$11.3M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$222,900
Rent
$17,850
Utilities
$14,550

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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