PPP Loan information for King buick gmc llc

$855,400

King buick gmc llc was initially approved for PPP Loan of amount $855,400, the current approved amount is $855,400. The loan was approved on 04/07/2020 by The Truist Bank reported 67 jobs and $855,400 was used to fund payroll.

King buick gmc llc is Existing or more than 2 years old

KING BUICK GMC LLC

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

KING BUICK GMC LLC

Borrower Address

16200 S FREDERICK AVE

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20877-4023

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

855400.00

Current Approval Amount

855400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20877-4023

CD

MD-08

Jobs Reported

67

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

855400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

865047.01

Forgiveness Date

06/04/2021

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