# PPP loan: A-CARR AUTO REPAIR, INC. DBA CARSTAR
> **$200K** approved 04/05/2020 · Paid in Full · Loan `5513437003`
## Borrower
- **Name:** A-CARR AUTO REPAIR, INC. DBA CARSTAR
- **Address:** 4246 N WESTERN AVE, CHICAGO, IL, 60618-2832
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Mortgage interest:** $25K
- **Utilities:** $25K
- **Jobs reported:** 17
## Lender
- **Originating:** Schaumburg Bank & Trust Company, National Association
- **Servicing:** Schaumburg Bank & Trust Company, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*