Auto Rehabilitation Center, Inc.

$224,000 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
9627667009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$224,000
Current Approval
$224,000
Forgiveness Amount
$226,308
Forgiveness Date
Apr 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Auto Rehabilitation Center, Inc.
Address
7120 Colosseum Dr
ZIP Code
61107-5201
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811121)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$179,028
Rent
$30,000
Utilities
$5,030
Mortgage Interest
$9,942

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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