PPP Loan information for Grubbs infiniti, ltd.

$4,043,385

Grubbs infiniti, ltd. was initially approved for PPP Loan of amount $4,043,385, the current approved amount is $4,043,385. The loan was approved on 04/05/2020 by The PNC Bank, National Association reported 163 jobs and $4,043,385 was used to fund payroll.

Grubbs infiniti, ltd. is Existing or more than 2 years old

PPP Loan Search / TX / GRAPEVINE / Grubbs infiniti, ltd.

GRUBBS INFINITI, LTD.

Date Approved

04/05/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

GRUBBS INFINITI, LTD.

Borrower Address

1500 E STATE HIGHWAY 114

Borrower City

GRAPEVINE

Borrower State

TX

Borrower Zip

76051-7734

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

4043384.50

Current Approval Amount

4043384.50

Undisbursed Amount

0.00

Franchise Name

Infiniti Dealer Sales and Service Agreement

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAPEVINE

Project County Name

TARRANT

Project State

TX

Project Zip

76051-7734

CD

TX-24

Jobs Reported

163

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

505423.00

Payroll Proceed

3032539.00

Mortgage Interest Proceed

505422.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2357049.79

Forgiveness Date

03/04/2022

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