PPP Loan information for Rod baker ford sales, inc

$1,000,000

Rod baker ford sales, inc was initially approved for PPP Loan of amount $1,000,000, the current approved amount is $1,000,000. The loan was approved on 04/10/2020 by The Grundy Bank reported 89 jobs and $1,000,000 was used to fund payroll.

Rod baker ford sales, inc is Existing or more than 2 years old

PPP Loan Search / IL / PLAINFIELD / Rod baker ford sales, inc

ROD BAKER FORD SALES, INC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ROD BAKER FORD SALES, INC

Borrower Address

16101 S. LINCOLN HWY

Borrower City

PLAINFIELD

Borrower State

IL

Borrower Zip

60586-5183

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

999999.99

Current Approval Amount

999999.99

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

22089

Servicing Lender Name

Grundy Bank

Servicing Lender Address

201 Liberty St

Servicing Lender City

MORRIS

Servicing Lender State

IL

Servicing Lender Zip

60450-2272

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLAINFIELD

Project County Name

WILL

Project State

IL

Project Zip

60586-5183

CD

IL-14

Jobs Reported

89

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50000.00

Payroll Proceed

750000.00

Mortgage Interest Proceed

199999.99

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22089

Originating Lender

Grundy Bank

Originating Lender City

MORRIS

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1008055.55

Forgiveness Date

01/26/2021

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