PPP Loan information for Atlantic coast automotive, inc

$2,032,057

Atlantic coast automotive, inc was initially approved for PPP Loan of amount $2,032,057, the current approved amount is $2,032,057. The loan was approved on 04/11/2020 by The Ally Bank reported 180 jobs and $2,032,057 was used to fund payroll.

Atlantic coast automotive, inc is Existing or more than 2 years old

PPP Loan Search / FL / DAVIE / Atlantic coast automotive, inc

ATLANTIC COAST AUTOMOTIVE, INC

Date Approved

04/11/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

ATLANTIC COAST AUTOMOTIVE, INC

Borrower Address

5455 S. UNIVERSITY DR

Borrower City

DAVIE

Borrower State

FL

Borrower Zip

33328-5305

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2032057.28

Current Approval Amount

2032057.28

Undisbursed Amount

0.00

Franchise Name

Chrysler - 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

DAVIE

Project County Name

BROWARD

Project State

FL

Project Zip

33328-5305

CD

FL-25

Jobs Reported

180

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2032057.28

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2055425.94

Forgiveness Date

06/11/2021

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