Rkd Automotive, Inc.

$823,100 PPP Loan in Alton, Illinois

Loan Details

Loan Number
5818107108
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$823,100
Current Approval
$823,100
Forgiveness Amount
$830,005
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rkd Automotive, Inc.
Address
850 Homer M Adams Pkwy
City
Alton
ZIP Code
62002-5961
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$756,316
Rent
$34,000
Utilities
$19,229
Debt Interest
$13,555

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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