Ken Nelson Auto Plaza INC

$923,200 PPP Loan in Dixon, Illinois

Loan Details

Loan Number
8096737001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$923,200
Current Approval
$923,200
Forgiveness Amount
$930,358
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ken Nelson Auto Plaza INC
Address
1100 N Galena Ave
City
Dixon
ZIP Code
61021-1016
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
98
Estimated Revenue
$24.7M
Rural/Urban
Rural
Congressional District
IL-16

Loan Use Breakdown

Payroll
$923,200

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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