355-NORTH AUTO INC (IL) - 2020 PPP Loan Borrower Profile (# 6871437008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 355-NORTH AUTO INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Illinois.

Loan Detail

Loan Number

6871437008

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$146,400

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$148,234.07

Date Loan was Forgiven

Jul 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,408.66

Payroll Proced

127,991.34

Rent Proceed

16,000

Lender

Lakeside Bank

Business Detail

Business Type

Corporation

NAICS

441120

Borrower Location

LOMBARD, IL

Project Location

LOMBARD, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.