Ray Dennison Chevrolet, INC

$1,145,900 PPP Loan in Pekin, Illinois

Loan Details

Loan Number
5498157003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,145,900
Current Approval
$1,005,100
Forgiveness Amount
$1,013,086
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ray Dennison Chevrolet, INC
Address
2320 N 8th St
City
Pekin
ZIP Code
61554-1545
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
Unanswered
Jobs Reported
121
Estimated Revenue
$30.5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$753,825
Rent
$251,275

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

Other PPP Loans in Pekin, IL

BusinessApproved
Ag-Land Fs, INC$1,995,960NewBizBotResearch
Ag-Land Fs Inc.$1,921,658NewBizBotResearch
Manufacturing Maintenance Solutions Inc.$1,646,600NewBizBotResearch
Manufacturing Maintenance Solutions, Inc.$1,250,000NewBizBotResearch
Illinois Oil Marketing Equipment INC$1,236,700NewBizBotResearch

Want to research this company further?

Try NewBizBot free