Loeber Motors, Inc.
$1,966,185 PPP Loan in Lincolnwood, Illinois
Loan Details
- Loan Number
- 9711257007
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,966,185
- Current Approval
- $1,966,185
- Forgiveness Amount
- $1,988,931
- Forgiveness Date
- Jun 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Loeber Motors, Inc.
- Address
- 4255 W Touhy Ave. 0.0
- City
- Lincolnwood
- State
- Illinois
- ZIP Code
- 60712-1933
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 142
- Estimated Revenue
- $35.8M
- Rural/Urban
- Urban
- Congressional District
- IL-09
Loan Use Breakdown
- Payroll
- $1,575,000
- Rent
- $250,000
- Utilities
- $40,000
- Debt Interest
- $101,185
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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