PPP Loan information for Permian auto group, llc

$1,204,400

Permian auto group, llc was initially approved for PPP Loan of amount $1,204,400, the current approved amount is $1,204,400. The loan was approved on 04/11/2020 by The First American Bank reported 92 jobs and $1,204,400 was used to fund payroll.

Permian auto group, llc is Existing or more than 2 years old

PPP Loan Search / NM / HOBBS / Permian auto group, llc

PERMIAN AUTO GROUP, LLC

Date Approved

04/11/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

PERMIAN AUTO GROUP, LLC

Borrower Address

701 W. NAVAJO DR

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240-9447

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1204400.00

Current Approval Amount

1204400.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

45718

Servicing Lender Name

First American Bank

Servicing Lender Address

303 W Main St

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2133

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOBBS

Project County Name

LEA

Project State

NM

Project Zip

88240-9447

CD

NM-03

Jobs Reported

92

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1204400.00

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

Partnership

Originating Lender Location Id

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1213165.36

Forgiveness Date

01/08/2021

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