Jim Olson Ford Lincoln, LLC

$225,000 PPP Loan in Sturgeon Bay, Wisconsin

Loan Details

Loan Number
6588927105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$225,000
Current Approval
$225,000
Forgiveness Amount
$226,669
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jim Olson Ford Lincoln, LLC
Address
440 S. Duluth Ave
ZIP Code
54235-2911
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.3M
Rural/Urban
Rural
Congressional District
WI-08

Loan Use Breakdown

Payroll
$180,762
Rent
$20,000
Utilities
$19,238
Mortgage Interest
$5,000

Lender Information

Servicing Lender
Nicolet National Bank
Originating Lender
Nicolet National Bank

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