PPP Loan information for Ford acceptance corporation

$156,667

Ford acceptance corporation was initially approved for PPP Loan of amount $156,667, the current approved amount is $156,667. The loan was approved on 04/15/2020 by The Old Second National Bank reported 8 jobs and $156,667 was used to fund payroll.

Ford acceptance corporation is Existing or more than 2 years old

PPP Loan Search / IL / PALATINE / Ford acceptance corporation

FORD ACCEPTANCE CORPORATION

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FORD ACCEPTANCE CORPORATION

Borrower Address

1540 E. Dundee Rd.

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60074

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156667.00

Current Approval Amount

156667.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60074-0100

CD

IL-05

Jobs Reported

8

NAICS Code

522220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

156667.00

Mortgage Interest Proceed

0.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

145910.99

Forgiveness Date

11/30/2021

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