Anderson Dealerships, Inc.

$1,613,500 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
8132617009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,613,500
Current Approval
$1,613,500
Forgiveness Amount
$1,626,496
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Anderson Dealerships, Inc.
Address
224 N Alpine Road
ZIP Code
61107-4904
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
159
Estimated Revenue
$40.1M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$1,613,500

Lender Information

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

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