PPP Loan information for West motor ford inc

$240,130

West motor ford inc was initially approved for PPP Loan of amount $240,130, the current approved amount is $240,130. The loan was approved on 01/31/2021 by The Cache Valley Bank reported 20 jobs and $240,130 was used to fund payroll.

West motor ford inc is Existing or more than 2 years old

WEST MOTOR FORD INC

Date Approved

01/31/2021

SBA Office Code

1087

Processing Method

PPS

Borrower Name

WEST MOTOR FORD INC

Borrower Address

801 N State St

Borrower City

Preston

Borrower State

ID

Borrower Zip

83263-1157

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

240130.00

Current Approval Amount

240130.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Preston

Project County Name

FRANKLIN

Project State

ID

Project Zip

83263-1157

CD

ID-02

Jobs Reported

20

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

240125.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

242504.62

Forgiveness Date

02/03/2022

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