Rick Ridings Ford, Inc.

$590,700 PPP Loan in Monticello, Illinois

Loan Details

Loan Number
4662607005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$590,700
Current Approval
$590,700
Forgiveness Amount
$594,671
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rick Ridings Ford, Inc.
Address
1817 Ridings Dr
ZIP Code
61856-8199
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
55
Estimated Revenue
$13.9M
Rural/Urban
Rural
Congressional District
IL-15

Loan Use Breakdown

Payroll
$443,000
Utilities
$73,850
Mortgage Interest
$73,850

Lender Information

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

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