Jim Hayes Ford, Lincoln Inc.

$517,800 PPP Loan in Harrisburg, Illinois

Loan Details

Loan Number
4981187007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$517,800
Current Approval
$517,800
Forgiveness Amount
$523,347
Forgiveness Date
May 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jim Hayes Ford, Lincoln Inc.
Address
2130 US Highway 45
ZIP Code
62946-4812
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
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$414,229
Rent
$18,000
Utilities
$5,000
Health Care
$48,000
Debt Interest
$32,571

Lender Information

Servicing Lender
Farmers State Bank of Alto Pass, Illinois
Originating Lender
Farmers State Bank of Alto Pass, Illinois

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