PPP Loan information for Bachman auto group inc

$2,527,686

Bachman auto group inc was initially approved for PPP Loan of amount $2,734,887, the current approved amount is $2,527,686. The loan was approved on 04/10/2020 by The The Huntington National Bank reported 194 jobs and $2,527,686 was used to fund payroll.

Bachman auto group inc is Existing or more than 2 years old

BACHMAN AUTO GROUP INC

Date Approved

04/10/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

BACHMAN AUTO GROUP INC

Borrower Address

9650 Bluegrass Parkway

Borrower City

LOUISVILLE

Borrower State

KY

Borrower Zip

40299-1900

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2734887.00

Current Approval Amount

2527686.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOUISVILLE

Project County Name

JEFFERSON

Project State

KY

Project Zip

40299-1900

CD

KY-03

Jobs Reported

194

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2527686.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2559403.27

Forgiveness Date

08/03/2021

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