PPP Loan information for Ngp motors, inc

$1,601,500

Ngp motors, inc was initially approved for PPP Loan of amount $1,601,500, the current approved amount is $1,601,500. The loan was approved on 04/15/2020 by The Comerica Bank reported 140 jobs and $1,601,500 was used to fund payroll.

Ngp motors, inc is Existing or more than 2 years old

PPP Loan Search / CA / NORTH HOLLYWOOD / Ngp motors, inc

NGP MOTORS, INC

Date Approved

04/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

NGP MOTORS, INC

Borrower Address

5500 LANKERSHIM BLVD

Borrower City

NORTH HOLLYWOOD

Borrower State

CA

Borrower Zip

91601-2724

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1601500.00

Current Approval Amount

1601500.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH HOLLYWOOD

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91601-2724

CD

CA-29

Jobs Reported

140

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1281260.00

Mortgage Interest Proceed

320240.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1620540.06

Forgiveness Date

06/28/2021

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