PPP Loan information for German cars of sarasota inc.

$139,000

German cars of sarasota inc. was initially approved for PPP Loan of amount $139,000, the current approved amount is $139,000. The loan was approved on 04/14/2020 by The Citizens Alliance Bank reported 8 jobs and $139,000 was used to fund payroll.

German cars of sarasota inc. is Existing or more than 2 years old

GERMAN CARS OF SARASOTA INC.

Date Approved

04/14/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

GERMAN CARS OF SARASOTA INC.

Borrower Address

1535 NORTHGATE BLVD

Borrower City

SARASOTA

Borrower State

FL

Borrower Zip

34234-4760

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139000.00

Current Approval Amount

139000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36731

Servicing Lender Name

Citizens Alliance Bank

Servicing Lender Address

55 1st St NW

Servicing Lender City

CLARA CITY

Servicing Lender State

MN

Servicing Lender Zip

56222-1271

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SARASOTA

Project County Name

SARASOTA

Project State

FL

Project Zip

34234-4760

CD

FL-17

Jobs Reported

8

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

139000.00

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

36731

Originating Lender

Citizens Alliance Bank

Originating Lender City

CLARA CITY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

140005.37

Forgiveness Date

01/07/2021

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