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Mike Raisor Ford, INC

$2,919,782 PPP Loan in Lafayette, Indiana

Loan Details

Loan Number
8050847004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$2,919,782
Current Approval
$2,919,782
Forgiveness Amount
$2,952,420
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mike Raisor Ford, INC
Address
2051 Sagamore Parkway South
City
Lafayette
State
Indiana
ZIP Code
47905-5108
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
260
Estimated Revenue
$65.5M
Rural/Urban
Urban
Congressional District
IN-04

Loan Use Breakdown

Payroll
$2,335,826
Rent
$194,633
Utilities
$194,633
Debt Interest
$194,690

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

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