Jackson Family of Dealerships - Sullivan, INC

$212,000 PPP Loan in Sullivan, Illinois

Loan Details

Loan Number
4580007009
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$212,000
Current Approval
$212,000
Forgiveness Amount
$213,443
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jackson Family of Dealerships - Sullivan, INC
Address
1320 W Jackson St
ZIP Code
61951-1034
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
28
Estimated Revenue
$7.1M
Rural/Urban
Rural
Congressional District
IL-15

Loan Use Breakdown

Payroll
$159,000
Rent
$26,500
Utilities
$26,500

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank & Trust, National Association

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