PPP Loan information for Ideal buick inc

$451,074

Ideal buick inc was initially approved for PPP Loan of amount $451,074, the current approved amount is $451,074. The loan was approved on 05/18/2021 by The Ally Bank reported 39 jobs and $451,074 was used to fund payroll.

Ideal buick inc is Existing or more than 2 years old

PPP Loan Search / MD / Frederick / Ideal buick inc

IDEAL BUICK INC

Date Approved

05/18/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

IDEAL BUICK INC

Borrower Address

5871 Urbana Pike

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21704-7238

Loan Status Date

08/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

451074.00

Current Approval Amount

451074.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21704-7238

CD

MD-06

Jobs Reported

39

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

451072.00

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

Subchapter S Corporation

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

456336.53

Forgiveness Date

07/22/2022

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