SCHMIDT FORD OF SALEM, INC

Summary of PPP (Paycheck Protection Program) Loan approved to SCHMIDT FORD OF SALEM, INC by JPMorgan Chase Bank, National Association. The loan was approved on 4/09/2020 in the range of $350,000-1 million.

Business Information

Name:

SCHMIDT FORD OF SALEM, INC

1815 W MAIN 0.0
SALEM, IL 62881
Business type: Subchapter S Corporation
Motor Vehicle and Parts Dealers
→ New Car Dealers
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 09, 2020
Lender JPMorgan Chase Bank, National Association

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.