Freeway Ford Sterling Truck Sales , Inc.

$815,305 PPP Loan in Lyons, Illinois

Loan Details

Loan Number
2908647106
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$815,305
Current Approval
$815,305
Forgiveness Amount
$824,826
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Freeway Ford Sterling Truck Sales , Inc.
Address
8445 W. 45th Street 0.0
City
Lyons
ZIP Code
60534-1745
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$11.3M
Rural/Urban
Urban
Congressional District
IL-04

Loan Use Breakdown

Payroll
$545,881
Rent
$52,492
Utilities
$6,800
Health Care
$148,132
Debt Interest
$62,000

Lender Information

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

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