Terry's Ford/lincoln-Mercury of Peotone, Inc.

$522,200 PPP Loan in Peotone, Illinois

Loan Details

Loan Number
1019097102
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$522,200
Current Approval
$522,200
Forgiveness Amount
$528,595
Forgiveness Date
Jul 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Terry's Ford/lincoln-Mercury of Peotone, Inc.
Address
363 N Harlem Ave
ZIP Code
60468-9127
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$12.3M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$522,200

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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