PPP Loan information for Instant auto credit corporation

$64,400

Instant auto credit corporation was initially approved for PPP Loan of amount $64,400, the current approved amount is $64,400. The loan was approved on 04/12/2020 by The First National Bank reported 30 jobs and $64,400 was used to fund payroll.

Instant auto credit corporation is Existing or more than 2 years old

PPP Loan Search / AR / BROOKLAND / Instant auto credit corporation

INSTANT AUTO CREDIT CORPORATION

Date Approved

04/12/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

INSTANT AUTO CREDIT CORPORATION

Borrower Address

8238 US HWY 49N

Borrower City

BROOKLAND

Borrower State

AR

Borrower Zip

72417-8792

Loan Status Date

Loan Status

Exemption 4

Term

39

SBA Guaranty Percentage

100

Initial Approval Amount

64400.00

Current Approval Amount

64400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brookland

Project County Name

CRAIGHEAD

Project State

AR

Project Zip

72417-0001

CD

AR-01

Jobs Reported

30

NAICS Code

522220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1880.00

Payroll Proceed

51520.00

Mortgage Interest Proceed

0.00

Rent Proceed

11000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;