Velde Ford Sales Inc.

$476,847 PPP Loan in Pekin, Illinois

Loan Details

Loan Number
1216068502
Date Approved
Feb 18, 2021
Loan Status
Paid in Full
Initial Approval
$476,847
Current Approval
$476,847
Forgiveness Amount
$479,523
Forgiveness Date
Sep 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Velde Ford Sales Inc.
Address
2200 N 8th St
City
Pekin
ZIP Code
61554-1543
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$8.8M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$476,846
Utilities
$1

Lender Information

Servicing Lender
Morton Community Bank
Originating Lender
Morton Community Bank

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