PPP Loan information for Motor city sales & service

$3,690,763

Motor city sales & service was initially approved for PPP Loan of amount $3,690,763, the current approved amount is $3,690,763. The loan was approved on 04/11/2020 by The Ally Bank reported 226 jobs and $3,690,763 was used to fund payroll.

Motor city sales & service is Existing or more than 2 years old

PPP Loan Search / CA / BAKERSFIELD / Motor city sales & service

MOTOR CITY SALES & SERVICE

Date Approved

04/11/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

MOTOR CITY SALES & SERVICE

Borrower Address

3101 PACHECO RD

Borrower City

BAKERSFIELD

Borrower State

CA

Borrower Zip

93313-3214

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3690763.00

Current Approval Amount

3690763.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

BAKERSFIELD

Project County Name

KERN

Project State

CA

Project Zip

93313-3214

CD

CA-20

Jobs Reported

226

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3690763.00

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

3740075.69

Forgiveness Date

08/17/2021

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