Velde Cadillac Buick Gmc INC
$400,900 PPP Loan in Pekin, Illinois
Loan Details
- Loan Number
- 5467347107
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $400,900
- Current Approval
- $400,900
- Forgiveness Amount
- $403,807
- Forgiveness Date
- Jan 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Velde Cadillac Buick Gmc INC
- Address
- 2220 N 8th St
- City
- Pekin
- State
- Illinois
- ZIP Code
- 61554-1543
- 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
- 67
- Estimated Revenue
- $16.9M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $400,900
Lender Information
- Servicing Lender
- Morton Community Bank
- Originating Lender
- Morton Community Bank
Other PPP Loans in Pekin, IL
| Business | Approved | |
|---|---|---|
| Ag-Land Fs, INC | $1,995,960 | |
| Ag-Land Fs Inc. | $1,921,658 | |
| Manufacturing Maintenance Solutions Inc. | $1,646,600 | |
| Manufacturing Maintenance Solutions, Inc. | $1,250,000 | |
| Illinois Oil Marketing Equipment INC | $1,236,700 |
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