PPP Loan information for Ideal auto sales llc

$17,995

Ideal auto sales llc was initially approved for PPP Loan of amount $17,995, the current approved amount is $17,995. The loan was approved on 03/24/2021 by The First Bank reported 2 jobs and $17,995 was used to fund payroll.

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

IDEAL AUTO SALES LLC

Date Approved

03/24/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

IDEAL AUTO SALES LLC

Borrower Address

4463 Lee Hwy

Borrower City

Troutville

Borrower State

VA

Borrower Zip

24175-6007

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

17995.02

Current Approval Amount

17995.02

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

1.00

Payroll Proceed

17992.02

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

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

18050.00

Forgiveness Date

07/21/2021

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