PPP Loan information for Ideal auto sales

$15,375

Ideal auto sales was initially approved for PPP Loan of amount $15,375, the current approved amount is $15,375. The loan was approved on 05/05/2020 by The First Bank, Upper Michigan reported 3 jobs and $15,375 was used to fund payroll.

Ideal auto sales is Unanswered

IDEAL AUTO SALES

Date Approved

05/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

IDEAL AUTO SALES

Borrower Address

603 N. Teal Lake Ave.

Borrower City

NEGAUNEE

Borrower State

MI

Borrower Zip

49866

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15375.00

Current Approval Amount

15375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34945

Servicing Lender Name

First Bank, Upper Michigan

Servicing Lender Address

1400 Delta Ave

Servicing Lender City

GLADSTONE

Servicing Lender State

MI

Servicing Lender Zip

49837-1318

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

NEGAUNEE

Project County Name

MARQUETTE

Project State

MI

Project Zip

49866-0001

CD

MI-01

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15375.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

34945

Originating Lender

First Bank, Upper Michigan

Originating Lender City

GLADSTONE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

12437.38

Forgiveness Date

11/09/2020

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