PPP Loan information for Performance automotive group, inc.

$618,928

Performance automotive group, inc. was initially approved for PPP Loan of amount $618,928, the current approved amount is $618,928. The loan was approved on 04/13/2020 by The Ally Bank reported 60 jobs and $618,928 was used to fund payroll.

Performance automotive group, inc. is Existing or more than 2 years old

PERFORMANCE AUTOMOTIVE GROUP, INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PERFORMANCE AUTOMOTIVE GROUP, INC.

Borrower Address

605 Warsaw Rd

Borrower City

CLINTON

Borrower State

NC

Borrower Zip

28328-3631

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

618927.84

Current Approval Amount

618927.84

Undisbursed Amount

0.00

Franchise Name

Chrysler - 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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

SAMPSON

Project State

NC

Project Zip

28328-3631

CD

NC-03

Jobs Reported

60

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

618927.84

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

625839.20

Forgiveness Date

05/27/2021

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