PPP Loan information for Ideal buick inc.

$512,313

Ideal buick inc. was initially approved for PPP Loan of amount $512,313, the current approved amount is $512,313. The loan was approved on 04/11/2020 by The Ally Bank reported 39 jobs and $512,313 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

04/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

IDEAL BUICK INC.

Borrower Address

5871 Urbana Pike PO Box 368

Borrower City

FREDERICK

Borrower State

MD

Borrower Zip

21704-5156

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

512313.00

Current Approval Amount

512313.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

FREDERICK

Project County Name

FREDERICK

Project State

MD

Project Zip

21704-5156

CD

MD-06

Jobs Reported

39

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

512313.00

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

518460.76

Forgiveness Date

06/29/2021

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