Jack Schmitt Cadillac, Inc.
$310,100 PPP Loan in O Fallon, Illinois
Loan Details
- Loan Number
- 5138467009
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $310,100
- Current Approval
- $297,900
- Forgiveness Amount
- $300,267
- Forgiveness Date
- Jan 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Jack Schmitt Cadillac, Inc.
- Address
- 915 West Hwy 50
- City
- O Fallon
- State
- Illinois
- ZIP Code
- 62269-1829
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- $6.6M
- Rural/Urban
- Urban
- Congressional District
- IL-13
Loan Use Breakdown
- Payroll
- $223,425
- Utilities
- $37,238
- Mortgage Interest
- $37,238
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank & Trust, National Association
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