# PPP loan: CLASSIC AUTO DEALER, LLC
> **$1.02M** approved 04/04/2020 · Paid in Full · Loan `4865557003`
## Borrower
- **Name:** CLASSIC AUTO DEALER, LLC
- **Address:** 425 N Green Bay Road, WAUKEGAN, IL, 60085-3100
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $767K
- **Rent:** $243K
- **Utilities:** $13K
- **Jobs reported:** 110
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*