Berman's Auto Group, INC

$3,821,290 PPP Loan in Niles, Illinois

Loan Details

Loan Number
9782057003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$3,821,290
Current Approval
$3,821,290
Forgiveness Amount
$3,871,534
Forgiveness Date
Aug 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Berman's Auto Group, INC
Address
5757 W Touhy Avenue 0.0
City
Niles
ZIP Code
60714-3907
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
322
Estimated Revenue
$81.1M
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$3,170,290
Rent
$461,000
Utilities
$60,000
Debt Interest
$130,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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