PPP Loan information for Ideal auto exchange corp

$82,500

Ideal auto exchange corp was initially approved for PPP Loan of amount $82,500, the current approved amount is $82,500. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 8 jobs and $82,500 was used to fund payroll.

Ideal auto exchange corp is Existing or more than 2 years old

IDEAL AUTO EXCHANGE CORP

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

IDEAL AUTO EXCHANGE CORP

Borrower Address

138-10 HILLSIDE AVE

Borrower City

JAMAICA

Borrower State

NY

Borrower Zip

11435

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82500.00

Current Approval Amount

82500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JAMAICA

Project County Name

QUEENS

Project State

NY

Project Zip

11435-0001

CD

NY-06

Jobs Reported

8

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1959.00

Payroll Proceed

66000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10413.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3500.00

Debt Interest Proceed

628

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83261.34

Forgiveness Date

04/06/2021

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