PPP Loan information for Ideal motors of old hickory inc.

$28,400

Ideal motors of old hickory inc. was initially approved for PPP Loan of amount $28,400, the current approved amount is $28,400. The loan was approved on 02/04/2021 by The Wilson Bank & Trust reported 3 jobs and $28,400 was used to fund payroll.

Ideal motors of old hickory inc. is Existing or more than 2 years old

PPP Loan Search / TN / Old Hickory / Ideal motors of old hickory inc.

IDEAL MOTORS OF OLD HICKORY INC.

Date Approved

02/04/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

IDEAL MOTORS OF OLD HICKORY INC.

Borrower Address

14242 Lebanon Rd

Borrower City

Old Hickory

Borrower State

TN

Borrower Zip

37138-1663

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28400.00

Current Approval Amount

28400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111740

Servicing Lender Name

Wilson Bank & Trust

Servicing Lender Address

623 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

TN

Servicing Lender Zip

37087-3404

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Old Hickory

Project County Name

WILSON

Project State

TN

Project Zip

37138-1663

CD

TN-05

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

28396.00

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

111740

Originating Lender

Wilson Bank & Trust

Originating Lender City

LEBANON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28597.63

Forgiveness Date

10/22/2021

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