Rod Baker Ford Sales, INC

$1,000,000 PPP Loan in Plainfield, Illinois

Loan Details

Loan Number
2303067106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,000,000
Current Approval
$1,000,000
Forgiveness Amount
$1,008,056
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rod Baker Ford Sales, INC
Address
16101 S. Lincoln Hwy
ZIP Code
60586-5183
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
89
Estimated Revenue
$22.4M
Rural/Urban
Urban
Congressional District
IL-14

Loan Use Breakdown

Payroll
$750,000
Utilities
$50,000
Mortgage Interest
$200,000

Lender Information

Servicing Lender
Grundy Bank
Originating Lender
Grundy Bank

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