PPP borrower record

MCGRATH NISSAN INC PPP loan record

Public SBA PPP loan record for MCGRATH NISSAN INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$558,942
Approved amount
$564,718
Forgiven amount
2020-04-09
Date approved

Borrower and loan details

Borrower
MCGRATH NISSAN INC
Loan number
1081827108
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Elgin
Borrower state
Illinois
Borrower ZIP
60120
Jobs reported
38
Loan status
Paid in Full
Forgiveness date
2021-04-26
Servicing lender
TBK Bank, SSB
Originating lender
TBK Bank, SSB

Reported use of proceeds

Payroll
$498,010
Rent
$7,000
Utilities
$16,915
Mortgage interest
N/A
Health care
$37,017
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.