PPP Loan information for Iad auto inc

$346,055

Iad auto inc was initially approved for PPP Loan of amount $346,055, the current approved amount is $346,055. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 40 jobs and $346,055 was used to fund payroll.

Iad auto inc is Unanswered

PPP Loan Search / MD / Hyattsville / Iad auto inc

IAD AUTO INC

Date Approved

04/30/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

IAD AUTO INC

Borrower Address

2000 Brightseat Rd

Borrower City

Hyattsville

Borrower State

MD

Borrower Zip

20785

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

346055.00

Current Approval Amount

346055.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

Hyattsville

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20785-0201

CD

MD-04

Jobs Reported

40

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

346055.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

348235.62

Forgiveness Date

12/23/2020

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