# PPP loan: IDEAL BUICK INC
> **$451K** approved 05/18/2021 · Paid in Full · Loan `2916029002`
## Borrower
- **Name:** IDEAL BUICK INC
- **Address:** 5871 Urbana Pike, Frederick, MD, 21704-7238
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $451K
- **Initial approval:** $451K
- **Forgiven:** $456K (101%)
- **Forgiveness date:** 07/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $451K
- **Jobs reported:** 39
## Lender
- **Originating:** Ally Bank
- **Servicing:** Ally Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*