PPP Loan information for First choice car sales inc

$489,058

First choice car sales inc was initially approved for PPP Loan of amount $489,058, the current approved amount is $489,058. The loan was approved on 01/28/2021 by The Zions Bank, A Division of reported 53 jobs and $489,058 was used to fund payroll.

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

PPP Loan Search / UT / Layton / First choice car sales inc

FIRST CHOICE CAR SALES INC

Date Approved

01/28/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

FIRST CHOICE CAR SALES INC

Borrower Address

308 N Main St

Borrower City

Layton

Borrower State

UT

Borrower Zip

84041-2206

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

489057.50

Current Approval Amount

489057.50

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

Y

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

84041-2206

CD

UT-01

Jobs Reported

53

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

489057.50

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

492943.16

Forgiveness Date

11/17/2021

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