Jack Wolf Chrysler Jeep Dodge, INC

$511,000 PPP Loan in Belvidere, Illinois

Loan Details

Loan Number
9588617001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$511,000
Current Approval
$511,000
Forgiveness Amount
$517,757
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jack Wolf Chrysler Jeep Dodge, INC
Address
1615 N State St
ZIP Code
61008-2007
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$10.6M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$383,250
Utilities
$63,875
Mortgage Interest
$63,875

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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