Ford Square of Mt Vernon, Ltd
$550,697 PPP Loan in Mt Vernon, Illinois
Loan Details
- Loan Number
- 1001687104
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $550,697
- Current Approval
- $550,697
- Forgiveness Amount
- $557,728
- Forgiveness Date
- Jul 27, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ford Square of Mt Vernon, Ltd
- Address
- 1501 Broadway 0.0
- City
- Mt Vernon
- State
- Illinois
- ZIP Code
- 62864-0015
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 40
- Estimated Revenue
- $10.1M
- Rural/Urban
- Rural
- Congressional District
- IL-12
Loan Use Breakdown
- Payroll
- $392,975
- Rent
- $80,000
- Utilities
- $13,000
- Health Care
- $47,582
- Debt Interest
- $17,140
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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