PPP Loan information for Ideal auto repair

$8,947

Ideal auto repair was initially approved for PPP Loan of amount $8,947, the current approved amount is $8,947. The loan was approved on 04/21/2021 by The Loan Source Incorporated reported 2 jobs and $8,947 was used to fund payroll.

Ideal auto repair is Existing or more than 2 years old

IDEAL AUTO REPAIR

Date Approved

04/21/2021

SBA Office Code

0130

Processing Method

PPP

Borrower Name

IDEAL AUTO REPAIR

Borrower Address

190 Russell Rd Ste A

Borrower City

Westfield

Borrower State

MA

Borrower Zip

01085-2135

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8947.00

Current Approval Amount

8947.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Westfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01085-2135

CD

MA-01

Jobs Reported

2

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

8946.00

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

Partnership

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

9032.30

Forgiveness Date

04/12/2022

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