# PPP loan: GILLESPIE AUTOMOTIVE LLC
> **$659K** approved 04/05/2020 · Paid in Full · Loan `5070777000`
## Borrower
- **Name:** GILLESPIE AUTOMOTIVE LLC
- **Address:** 18834 W GRAND AVE, LAKE VILLA, IL, 60046-7521
- **NAICS:** 811111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $659K
- **Initial approval:** $659K
- **Forgiven:** $664K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $498K
- **Rent:** $82K
- **Utilities:** $8K
- **Health care:** $58K
- **Debt interest:** $13K
- **Jobs reported:** 55
## Lender
- **Originating:** Belmont Bank & Trust Company
- **Servicing:** Belmont Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*