Bill Kay Ford, INC

$712,396 PPP Loan in Midlothian, Illinois

Loan Details

Loan Number
1655667108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$712,396
Current Approval
$712,396
Forgiveness Amount
$721,763
Forgiveness Date
Aug 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bill Kay Ford, INC
Address
14633 S Cicero Avenue 0.0
ZIP Code
60445-2556
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$13.9M
Rural/Urban
Urban
Congressional District
IL-01

Loan Use Breakdown

Payroll
$534,000
Rent
$56,000
Utilities
$9,600
Health Care
$40,000
Debt Interest
$72,796

Lender Information

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

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