West Motor Company, Inc.

$661,700 PPP Loan in Preston, Idaho

Loan Details

Loan Number
4810607008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$661,700
Current Approval
$661,700
Forgiveness Amount
$666,201
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
West Motor Company, Inc.
Address
296 N State St.
State
Idaho
ZIP Code
83263-1168
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ram - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$10.8M
Rural/Urban
Rural
Congressional District
ID-02

Loan Use Breakdown

Payroll
$521,663
Rent
$55,462
Utilities
$13,157
Mortgage Interest
$71,418

Lender Information

Servicing Lender
Cache Valley Bank
Originating Lender
Cache Valley Bank

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