Thomas Motors of Illinois, Inc.
$531,897 PPP Loan in Joliet, Illinois
Loan Details
- Loan Number
- 9706047009
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $531,897
- Current Approval
- $531,897
- Forgiveness Amount
- $537,023
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Thomas Motors of Illinois, Inc.
- Address
- 1421 N. Larkin 0.0
- City
- Joliet
- State
- Illinois
- ZIP Code
- 60435-1472
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Nissan North America, Inc. - Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 46
- Estimated Revenue
- $11.6M
- Rural/Urban
- Urban
- Congressional District
- IL-14
Loan Use Breakdown
- Payroll
- $440,865
- Rent
- $44,000
- Utilities
- $10,000
- Health Care
- $7,032
- Debt Interest
- $30,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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