In August of 1997 the CDC approved a loan in
the amount of $71,762 to Valley Ford. The project was to construct a new facility on Route 89 just north of
Spring Valley, Illinois and move the business from it’s former small location in the downtown area.
The business has
grown steadily in the past three years and created several new jobs. The primary financing was provided through a
guaranteed loan with the U.S. Small Business Administration. The total project was $520,000 and retained 8 jobs.
Applicant: Valley Ford Address: #2 Joseph Ruva Drive City: Spring Valley, IL 61362 Contact: Harold Dzierzynski , Sr.
Open: August 1997 Amount: $71,762 Jobs Created: 0 jobs Jobs Retained: 8 jobs
Interest Rates, Fees & Terms
In August of 1997 the CDC approved a loan in
the amount of $71,762 to Valley Ford. The project was to construct a new facility on Route 89 just north of
Spring Valley, Illinois and move the business from it’s former small location in the downtown area.