PPP Loan information for Gold coast motor cars inc

$1,613,512

Gold coast motor cars inc was initially approved for PPP Loan of amount $1,613,512, the current approved amount is $1,613,512. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 111 jobs and $1,613,512 was used to fund payroll.

Gold coast motor cars inc is New Business or 2 years or less

GOLD COAST MOTOR CARS INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GOLD COAST MOTOR CARS INC

Borrower Address

1035 N Clark St

Borrower City

Chicago

Borrower State

IL

Borrower Zip

60610

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1613512.00

Current Approval Amount

1613512.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Chicago

Project County Name

COOK

Project State

IL

Project Zip

60610-0001

CD

IL-07

Jobs Reported

111

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1613512.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1633404.61

Forgiveness Date

07/29/2021

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