Schimmer Ford Lincoln, Inc.

$569,500 PPP Loan in Peru, Illinois

Loan Details

Loan Number
9993897008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$569,500
Current Approval
$569,500
Forgiveness Amount
$574,040
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schimmer Ford Lincoln, Inc.
Address
911 Shooting Park Rd
City
Peru
ZIP Code
61354-1873
Business Type
Subchapter S 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
37
Estimated Revenue
$9.3M
Rural/Urban
Rural
Congressional District
IL-14

Loan Use Breakdown

Payroll
$569,500

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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