Highland Park Ford Lincoln, Inc. DBA Highland Park Ford Linc

$762,500 PPP Loan in Highland Park, Illinois

Loan Details

Loan Number
1600917702
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$762,500
Current Approval
$762,500
Forgiveness Amount
$769,578
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Highland Park Ford Lincoln, Inc. DBA Highland Park Ford Linc
Address
1333 Park Ave W
ZIP Code
60035
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$14.4M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$444,500
Rent
$51,800
Utilities
$6,000
Health Care
$80,000
Debt Interest
$180,200

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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