PPP Loan information for First choice used cars, llc

$88,887

First choice used cars, llc was initially approved for PPP Loan of amount $88,887, the current approved amount is $88,887. The loan was approved on 04/07/2020 by The The Peoples Bank reported 9 jobs and $88,887 was used to fund payroll.

First choice used cars, llc is Existing or more than 2 years old

PPP Loan Search / AR / MAGNOLIA / First choice used cars, llc

FIRST CHOICE USED CARS, LLC

Date Approved

04/07/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

FIRST CHOICE USED CARS, LLC

Borrower Address

2213 North Vine

Borrower City

MAGNOLIA

Borrower State

AR

Borrower Zip

71753-9747

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88887.00

Current Approval Amount

88887.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4825

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

500 N Jackson

Servicing Lender City

MAGNOLIA

Servicing Lender State

AR

Servicing Lender Zip

71753-2916

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAGNOLIA

Project County Name

COLUMBIA

Project State

AR

Project Zip

71753-9747

CD

AR-04

Jobs Reported

9

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88887.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

4825

Originating Lender

The Peoples Bank

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89539.65

Forgiveness Date

01/04/2021

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