PPP Loan information for Ardmore automotive incorporated

$661,747

Ardmore automotive incorporated was initially approved for PPP Loan of amount $661,747, the current approved amount is $661,747. The loan was approved on 03/31/2021 by The Ally Bank reported 61 jobs and $661,747 was used to fund payroll.

Ardmore automotive incorporated is Existing or more than 2 years old

PPP Loan Search / PA / Ardmore / Ardmore automotive incorporated

ARDMORE AUTOMOTIVE INCORPORATED

Date Approved

03/31/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ARDMORE AUTOMOTIVE INCORPORATED

Borrower Address

125 E Lancaster Ave

Borrower City

Ardmore

Borrower State

PA

Borrower Zip

19003-2303

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

661747.00

Current Approval Amount

661747.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ardmore

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19003-2303

CD

PA-05

Jobs Reported

61

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

661745.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

666342.47

Forgiveness Date

12/16/2021

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