Hutcheson Ford Sales, LLC

$607,500 PPP Loan in Saint James, Missouri

Loan Details

Loan Number
6731037004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$607,500
Current Approval
$607,500
Forgiveness Amount
$612,613
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hutcheson Ford Sales, LLC
Address
308 N Outer Rd
ZIP Code
65559-1085
Business Type
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
45
Estimated Revenue
$11.3M
Rural/Urban
Rural
Congressional District
MO-08

Loan Use Breakdown

Payroll
$553,500
Rent
$42,000
Utilities
$12,000

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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