PPP Loan information for Eldorado motors, inc

$2,658,400

Eldorado motors, inc was initially approved for PPP Loan of amount $2,658,400, the current approved amount is $2,658,400. The loan was approved on 04/05/2020 by The First United Bank and Trust Company reported 201 jobs and $2,658,400 was used to fund payroll.

Eldorado motors, inc is Existing or more than 2 years old

PPP Loan Search / TX / MCKINNEY / Eldorado motors, inc

ELDORADO MOTORS, INC

Date Approved

04/05/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

ELDORADO MOTORS, INC

Borrower Address

2300 CENTRAL EXPY

Borrower City

MCKINNEY

Borrower State

TX

Borrower Zip

75070-3746

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2658400.00

Current Approval Amount

2658400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58899

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

1400 W Main St

Servicing Lender City

DURANT

Servicing Lender State

OK

Servicing Lender Zip

74701-4906

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MCKINNEY

Project County Name

COLLIN

Project State

TX

Project Zip

75070-3746

CD

TX-03

Jobs Reported

201

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

221533.00

Payroll Proceed

1993800.00

Mortgage Interest Proceed

0.00

Rent Proceed

221533.00

Refinance EIDL Proceed

0.00

Health Care Proceed

221534.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58899

Originating Lender

First United Bank and Trust Company

Originating Lender City

DURANT

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2694597.94

Forgiveness Date

08/26/2021

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