BASIC AUTO SALES LLC (IN) - 2020 PPP Loan Borrower Profile (# 3364658405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BASIC AUTO SALES LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Indiana.

Loan Detail

Loan Number

3364658405

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$10,858.75

Date Loan was Approved

Feb 4, 2021

Amount Forgiven

$10,950.38

Date Loan was Forgiven

Dec 16, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

10,853.75

Lender

The Fountain Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

441120

Borrower Location

Attica, IN

Project Location

Attica, IN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.