Southern Illinois Autos, INC

$217,756 PPP Loan in Herrin, Illinois

Loan Details

Loan Number
9472897002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$217,756
Current Approval
$217,756
Forgiveness Amount
$220,042
Forgiveness Date
Apr 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Illinois Autos, INC
Address
1821 South Park Avenue
City
Herrin
ZIP Code
62948-3743
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$174,206
Utilities
$5,000
Mortgage Interest
$38,550

Lender Information

Servicing Lender
The Bank of Herrin
Originating Lender
The Bank of Herrin

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