PPP Loan information for Paretti motor company, llc

$622,487

Paretti motor company, llc was initially approved for PPP Loan of amount $622,487, the current approved amount is $622,487. The loan was approved on 04/10/2020 by The Ally Bank reported 59 jobs and $622,487 was used to fund payroll.

Paretti motor company, llc is Existing or more than 2 years old

PPP Loan Search / LA / METAIRIE / Paretti motor company, llc

PARETTI MOTOR COMPANY, LLC

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

PARETTI MOTOR COMPANY, LLC

Borrower Address

4032 VETERANS MEMORIAL BLVD

Borrower City

METAIRIE

Borrower State

LA

Borrower Zip

70002-5523

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

622487.00

Current Approval Amount

622487.00

Undisbursed Amount

0.00

Franchise Name

Land Rover Dealer Agreement Grant of the Franchise

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

METAIRIE

Project County Name

JEFFERSON

Project State

LA

Project Zip

70002-5523

CD

LA-01

Jobs Reported

59

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

622487.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

630319.96

Forgiveness Date

07/19/2021

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