PPP Loan information for Affordable used cars, inc.

$554,000

Affordable used cars, inc. was initially approved for PPP Loan of amount $554,000, the current approved amount is $554,000. The loan was approved on 04/04/2020 by The Mt. McKinley Bank reported 38 jobs and $554,000 was used to fund payroll.

Affordable used cars, inc. is Existing or more than 2 years old

AFFORDABLE USED CARS, INC.

Date Approved

04/04/2020

SBA Office Code

1084

Processing Method

PPP

Borrower Name

AFFORDABLE USED CARS, INC.

Borrower Address

2525 S. CUSHMAN ST.

Borrower City

FAIRBANKS

Borrower State

AK

Borrower Zip

99701-6642

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

554000.00

Current Approval Amount

554000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3498

Servicing Lender Name

Mt. McKinley Bank

Servicing Lender Address

500 Fourth Ave

Servicing Lender City

FAIRBANKS

Servicing Lender State

AK

Servicing Lender Zip

99701-4714

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FAIRBANKS

Project County Name

FAIRBANKS NORTH STAR

Project State

AK

Project Zip

99701-6642

CD

AK-

Jobs Reported

38

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

554000.00

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

Corporation

Originating Lender Location Id

3498

Originating Lender

Mt. McKinley Bank

Originating Lender City

FAIRBANKS

Originating Lender State

AK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

558098.08

Forgiveness Date

01/06/2021

;