PPP Loan information for Ideal auto sales, llc

$19,072

Ideal auto sales, llc was initially approved for PPP Loan of amount $19,072, the current approved amount is $19,072. The loan was approved on 06/16/2020 by The First Bank reported 2 jobs and $19,072 was used to fund payroll.

Ideal auto sales, llc is Existing or more than 2 years old

PPP Loan Search / VA / TROUTVILLE / Ideal auto sales, llc

IDEAL AUTO SALES, LLC

Date Approved

06/16/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

IDEAL AUTO SALES, LLC

Borrower Address

4463 Lee Highway

Borrower City

TROUTVILLE

Borrower State

VA

Borrower Zip

24175-6007

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19072.00

Current Approval Amount

19072.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73903

Servicing Lender Name

First Bank

Servicing Lender Address

112 W King St

Servicing Lender City

STRASBURG

Servicing Lender State

VA

Servicing Lender Zip

22657-2220

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TROUTVILLE

Project County Name

BOTETOURT

Project State

VA

Project Zip

24175-6007

CD

VA-06

Jobs Reported

2

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

953.60

Payroll Proceed

14304.00

Mortgage Interest Proceed

0.00

Rent Proceed

953.60

Refinance EIDL Proceed

0.00

Health Care Proceed

1907.20

Debt Interest Proceed

953.6

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

73903

Originating Lender

First Bank

Originating Lender City

STRASBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19142.46

Forgiveness Date

11/05/2020

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