PPP Loan information for Crainic auto group, inc.

$442,937

Crainic auto group, inc. was initially approved for PPP Loan of amount $442,937, the current approved amount is $442,937. The loan was approved on 04/11/2020 by The Ally Bank reported 36 jobs and $442,937 was used to fund payroll.

Crainic auto group, inc. is New Business or 2 years or less

CRAINIC AUTO GROUP, INC.

Date Approved

04/11/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

CRAINIC AUTO GROUP, INC.

Borrower Address

18625 MCLOUGHLIN BLVD

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97267-6746

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

442937.00

Current Approval Amount

442937.00

Undisbursed Amount

0.00

Franchise Name

Mitsubishi Motors Dealer 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

Y

Business Age Description

New Business or 2 years or less

Project City

PORTLAND

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97267-6746

CD

OR-05

Jobs Reported

36

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

442937.00

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

448030.78

Forgiveness Date

06/09/2021

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