Brad Manning Ford, Inc.

$558,000 PPP Loan in Dekalb, Illinois

Loan Details

Loan Number
6708467006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$558,000
Current Approval
$558,000
Forgiveness Amount
$561,814
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Brad Manning Ford, Inc.
Address
402 Manning Dr
City
Dekalb
ZIP Code
60115-9518
Business Type
Subchapter S Corporation
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
49
Estimated Revenue
$12.3M
Rural/Urban
Urban
Congressional District
IL-14

Loan Use Breakdown

Payroll
$467,141
Rent
$48,870
Utilities
$7,000
Debt Interest
$34,989

Lender Information

Servicing Lender
Resource Bank, National Association
Originating Lender
Resource Bank, National Association

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