PPP Loan information for Crestmont cadillac corporation

$708,916

Crestmont cadillac corporation was initially approved for PPP Loan of amount $708,916, the current approved amount is $708,916. The loan was approved on 05/14/2021 by The Valley Economic Development Partners, Inc. reported 59 jobs and $708,916 was used to fund payroll.

Crestmont cadillac corporation is Existing or more than 2 years old

CRESTMONT CADILLAC CORPORATION

Date Approved

05/14/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

CRESTMONT CADILLAC CORPORATION

Borrower Address

26000 Chagrin Blvd

Borrower City

Beachwood

Borrower State

OH

Borrower Zip

44122-4227

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

708916.30

Current Approval Amount

708916.30

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

188152

Servicing Lender Name

Valley Economic Development Partners, Inc.

Servicing Lender Address

4319 Belmont Avenue

Servicing Lender City

Youngstown

Servicing Lender State

OH

Servicing Lender Zip

44505

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beachwood

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44122-4227

CD

OH-11

Jobs Reported

59

NAICS Code

441110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

708914.30

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

188152

Originating Lender

Valley Economic Development Partners, Inc.

Originating Lender City

Youngstown

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

714804.24

Forgiveness Date

03/24/2022

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