PPP Loan information for Infiniti of union city, llc

$600,000

Infiniti of union city, llc was initially approved for PPP Loan of amount $600,000, the current approved amount is $600,000. The loan was approved on 04/11/2020 by The Ally Bank reported 47 jobs and $600,000 was used to fund payroll.

Infiniti of union city, llc is Existing or more than 2 years old

INFINITI OF UNION CITY, LLC

Date Approved

04/11/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

INFINITI OF UNION CITY, LLC

Borrower Address

4305 JONESBORO RD

Borrower City

UNION CITY

Borrower State

GA

Borrower Zip

30291-2001

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

600000.00

Current Approval Amount

600000.00

Undisbursed Amount

0.00

Franchise Name

Infiniti Dealer Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

UNION CITY

Project County Name

FULTON

Project State

GA

Project Zip

30291-2001

CD

GA-13

Jobs Reported

47

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

600000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

604600.00

Forgiveness Date

01/20/2021

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