Ra D'orazio Ford INC

$1,071,300 PPP Loan in Wilmington, Illinois

Loan Details

Loan Number
4529037001
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,071,300
Current Approval
$1,071,300
Forgiveness Amount
$1,083,187
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ra D'orazio Ford INC
Address
1135 S Water St
ZIP Code
60481-1671
Business Type
Subchapter S 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
38
Estimated Revenue
$9.6M
Rural/Urban
Urban
Congressional District
IL-01

Loan Use Breakdown

Payroll
$791,300
Rent
$100,000
Utilities
$30,000
Mortgage Interest
$150,000

Lender Information

Servicing Lender
Bank of Pontiac
Originating Lender
Bank of Pontiac

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