# PPP loan: CHICAGO MOTOR CARS INC
> **$250K** approved 04/13/2020 · Paid in Full · Loan `4428177107`
## Borrower
- **Name:** CHICAGO MOTOR CARS INC
- **Address:** 27 W 110 N Ave, WEST CHICAGO, IL, 60185
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $249K
- **Forgiven:** $254K (102%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 34
## Lender
- **Originating:** BayFirst National Bank
- **Servicing:** BayFirst National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*