5850 AUTOMOTIVE LLC (IL) - 2020 PPP Loan Borrower Profile (# 4553338309)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 5850 AUTOMOTIVE LLC. 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
4553338309
SBA Office Code
0507
Processing Method
PPS
Curent Loan Amount
$60,735.62
Date Loan was Approved
Jan 23, 2021
Amount Forgiven
$60,931.32
Date Loan was Forgiven
Jun 15, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
60,732.62
Lender
Third Coast Bank
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
811198
Borrower Location
West Chicago, IL
Project Location
West Chicago, IL
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
5
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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