Spellmatt Motors INC

$1,058,000 PPP Loan in Glendale Heights, Illinois

Loan Details

Loan Number
8761757008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,058,000
Current Approval
$1,058,000
Forgiveness Amount
$1,066,261
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Spellmatt Motors INC
Address
433 E North Ave
ZIP Code
60139-3507
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Jeep - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
105
Estimated Revenue
$26.5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,058,000

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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