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PARAMOUNT MOTORCARS LLC

Company Details

Entity Name: PARAMOUNT MOTORCARS LLC
Jurisdiction: Illinois
Entity Type: Limited Liability Company
Status: Goodstanding
Date Formed: 02 Mar 2015
Company Number: LLC_05167299
File Number: 05167299
Type of Management: Manager Managed
Date Status Change: 25 Jan 2025
Address 404 E NORTH AVE, LOMBARD, 60148, IL
Place of Formation: ILLINOIS

Agent

Name and Address Role Appointment Date
TEJAS SHETH, 434 E NORTH AVENUE, LOMBARD, 60148 Agent 2018-05-04

Manager

Name and Address Role Appointment Date
SHETH, TEJAS, 404 E NORTH AVE, LOMBARD, IL, 60148 Manager 2025-01-25

Assumed Names

Name Type Effective Date Cancellation Date Cancellation Type Last Renewal Date
INTERNATIONAL CAR CENTER Assumed name 2023-05-02 No data No data 2025-01-25
INTERNATIONAL CAR CENTER #1 Assumed name 2015-05-19 2020-08-04 Involuntary cancellation No data

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
1684567210 2020-04-15 0507 PPP 404 E. NORTH AVE, LOMBARD, IL, 60148
Loan Status Date 2021-05-12
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 41205
Loan Approval Amount (current) 41205
Undisbursed Amount 0
Franchise Name -
Lender Location ID 20282
Servicing Lender Name Old Second National Bank
Servicing Lender Address 37 S River St, AURORA, IL, 60506-4173
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address LOMBARD, DUPAGE, IL, 60148-0001
Project Congressional District IL-06
Number of Employees 4
NAICS code 441120
Borrower Race Asian
Borrower Ethnicity Not Hispanic or Latino
Business Type Limited Liability Company(LLC)
Originating Lender ID 21804
Originating Lender Name Old Second National Bank
Originating Lender Address Lombard, IL
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 41622.77
Forgiveness Paid Date 2021-04-23
2871668408 2021-02-04 0507 PPS 404 E North Ave, Lombard, IL, 60148-1300
Loan Status Date 2021-10-08
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 33636
Loan Approval Amount (current) 33636
Undisbursed Amount 0
Franchise Name -
Lender Location ID 20282
Servicing Lender Name Old Second National Bank
Servicing Lender Address 37 S River St, AURORA, IL, 60506-4173
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Lombard, DUPAGE, IL, 60148-1300
Project Congressional District IL-06
Number of Employees 11
NAICS code 441120
Borrower Race Asian
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 21804
Originating Lender Name Old Second National Bank
Originating Lender Address Lombard, IL
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 33838.75
Forgiveness Paid Date 2021-09-15

Date of last update: 27 Feb 2025

Sources: Illinois Office of the Secretary of State