PPP Loan information for Bergeron motors, inc.

$1,649,345

Bergeron motors, inc. was initially approved for PPP Loan of amount $1,649,345, the current approved amount is $1,649,345. The loan was approved on 04/11/2020 by The Ally Bank reported 113 jobs and $1,649,345 was used to fund payroll.

Bergeron motors, inc. is Existing or more than 2 years old

PPP Loan Search / LA / METAIRIE / Bergeron motors, inc.

BERGERON MOTORS, INC.

Date Approved

04/11/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

BERGERON MOTORS, INC.

Borrower Address

3525 VETERANS MEMORIAL BLVD

Borrower City

METAIRIE

Borrower State

LA

Borrower Zip

70002-5842

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1649345.00

Current Approval Amount

1649345.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

METAIRIE

Project County Name

JEFFERSON

Project State

LA

Project Zip

70002-5842

CD

LA-01

Jobs Reported

113

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1649345.00

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

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

1665197.04

Forgiveness Date

03/31/2021

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