PPP Loan information for Ideal auto sales

$33,192

Ideal auto sales was initially approved for PPP Loan of amount $33,192, the current approved amount is $33,192. The loan was approved on 02/08/2021 by The First Bank, Upper Michigan reported 3 jobs and $33,192 was used to fund payroll.

Ideal auto sales is Existing or more than 2 years old

IDEAL AUTO SALES

Date Approved

02/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

IDEAL AUTO SALES

Borrower Address

603 N Teal Lake Ave

Borrower City

Negaunee

Borrower State

MI

Borrower Zip

49866-1321

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33192.00

Current Approval Amount

33192.00

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

Existing or more than 2 years old

Project City

Negaunee

Project County Name

MARQUETTE

Project State

MI

Project Zip

49866-1321

CD

MI-01

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

33188.00

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

33586.67

Forgiveness Date

04/21/2022

;