PPP Loan information for First choice car sales inc

$492,500

First choice car sales inc was initially approved for PPP Loan of amount $492,500, the current approved amount is $492,500. The loan was approved on 04/10/2020 by The Zions Bank, A Division of reported 53 jobs and $492,500 was used to fund payroll.

First choice car sales inc is Existing or more than 2 years old

FIRST CHOICE CAR SALES INC

Date Approved

04/10/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

FIRST CHOICE CAR SALES INC

Borrower Address

308 N Main

Borrower City

LAYTON

Borrower State

UT

Borrower Zip

84041

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

492500.00

Current Approval Amount

492500.00

Undisbursed Amount

0.00

Franchise Name

Kia Dealer Sales and Service Agreement

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAYTON

Project County Name

DAVIS

Project State

UT

Project Zip

84041-0026

CD

UT-01

Jobs Reported

53

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

492500.00

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

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

496696.37

Forgiveness Date

02/19/2021

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