PPP Loan information for M & m automotive group, inc.

$708,100

M & m automotive group, inc. was initially approved for PPP Loan of amount $708,100, the current approved amount is $708,100. The loan was approved on 04/07/2020 by The Western Alliance Bank reported 56 jobs and $708,100 was used to fund payroll.

M & m automotive group, inc. is Existing or more than 2 years old

PPP Loan Search / CA / OAKLAND / M & m automotive group, inc.

M & M AUTOMOTIVE GROUP, INC.

Date Approved

04/07/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

M & M AUTOMOTIVE GROUP, INC.

Borrower Address

2740 BROADWAY

Borrower City

OAKLAND

Borrower State

CA

Borrower Zip

94612-3110

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

708100.00

Current Approval Amount

708100.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer Agreement

Servicing Lender Location Id

317920

Servicing Lender Name

Western Alliance Bank

Servicing Lender Address

1 E Washington St

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85004-2492

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OAKLAND

Project County Name

ALAMEDA

Project State

CA

Project Zip

94612-3110

CD

CA-12

Jobs Reported

56

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30000.00

Payroll Proceed

562903.00

Mortgage Interest Proceed

6000.00

Rent Proceed

109197.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

317920

Originating Lender

Western Alliance Bank

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

716341.50

Forgiveness Date

06/11/2021

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