Ideal Buick Inc.

$512,313 PPP Loan in Frederick, Maryland

Loan Details

Loan Number
3114307101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$512,313
Current Approval
$512,313
Forgiveness Amount
$518,461
Forgiveness Date
Jun 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ideal Buick Inc.
Address
5871 Urbana Pike Po Box 368
ZIP Code
21704-5156
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$9.8M
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$512,313

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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