PPP Loan information for Mcconnell automotive corp.

$847,178

Mcconnell automotive corp. was initially approved for PPP Loan of amount $847,178, the current approved amount is $847,178. The loan was approved on 04/11/2020 by The Ally Bank reported 70 jobs and $847,178 was used to fund payroll.

Mcconnell automotive corp. is Existing or more than 2 years old

PPP Loan Search / AL / MOBILE / Mcconnell automotive corp.

MCCONNELL AUTOMOTIVE CORP.

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MCCONNELL AUTOMOTIVE CORP.

Borrower Address

3150 DAUPHIN ST

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36606-4039

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

847178.00

Current Approval Amount

847178.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) 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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36606-4039

CD

AL-01

Jobs Reported

70

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

847178.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

842619.66

Forgiveness Date

12/09/2020

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