PPP Loan information for Preferred automotive group, llc

$378,525

Preferred automotive group, llc was initially approved for PPP Loan of amount $378,525, the current approved amount is $378,525. The loan was approved on 04/10/2020 by The The Huntington National Bank reported 29 jobs and $378,525 was used to fund payroll.

Preferred automotive group, llc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND HAVEN / Preferred automotive group, llc

PREFERRED AUTOMOTIVE GROUP, LLC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PREFERRED AUTOMOTIVE GROUP, LLC

Borrower Address

1401 S Beacon Blvd

Borrower City

GRAND HAVEN

Borrower State

MI

Borrower Zip

49417-2611

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

378525.00

Current Approval Amount

378525.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND HAVEN

Project County Name

OTTAWA

Project State

MI

Project Zip

49417-2611

CD

MI-03

Jobs Reported

29

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

378525.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

380606.89

Forgiveness Date

11/05/2020

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