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MegadealsSubsidy Tracker Individual Entry
Company: LOEBER MOTORS INC
Parent Company:
Subsidy Source: local
Location: Illinois
City: Lincolnwood
County: Cook
Address: 7101 N. LINCOLN AVE, LINCOLNWOOD, 60712
Project Description: Village shares annually 50% of the general sales tax revenue generated by the Porsche and Smart dealerships for a term of no greater than 15 years and a maximum of no more than $5 million dollars.
Year: 2006
Subsidy Value: $5,000,000
Program Name: Local Sales Tax Rebate
Awarding Agency: Department of Revenue
Type of Subsidy: tax credit/rebate
Source of Data:
(click here)
Notes: Year is year agreement began. Subsidy value is maximum rebate. Project description is verbatim text (including indeterminate amounts) from the Department of Revenue's online compilation of excerpts from local agreements.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.