PPP Loan information for Jackson ford, inc.

$395,400

Jackson ford, inc. was initially approved for PPP Loan of amount $395,400, the current approved amount is $395,400. The loan was approved on 04/03/2020 by The First Mid Bank & Trust, National Association reported 43 jobs and $395,400 was used to fund payroll.

Jackson ford, inc. is Existing or more than 2 years old

PPP Loan Search / IL / DECATUR / Jackson ford, inc.

JACKSON FORD, INC.

Date Approved

04/03/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

JACKSON FORD, INC.

Borrower Address

455 E Pershing Rd

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62526-2431

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

395400.00

Current Approval Amount

395400.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62526-2431

CD

IL-15

Jobs Reported

43

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

49425.00

Payroll Proceed

296550.00

Mortgage Interest Proceed

0.00

Rent Proceed

49425.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

387990.74

Forgiveness Date

12/09/2020

;