# PPP loan: BERMAN'S AUTO GROUP, INC
> **$3.82M** approved 04/09/2020 · Paid in Full · Loan `9782057003`
## Borrower
- **Name:** BERMAN'S AUTO GROUP, INC
- **Address:** 5757 W Touhy Avenue 0.0, Niles, IL, 60714-3907
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.82M
- **Initial approval:** $3.82M
- **Forgiven:** $3.87M (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.17M
- **Rent:** $461K
- **Utilities:** $60K
- **Debt interest:** $130K
- **Jobs reported:** 322
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*