PPP Loan information for Ramey automotive, inc.

$459,732

Ramey automotive, inc. was initially approved for PPP Loan of amount $459,732, the current approved amount is $459,732. The loan was approved on 04/11/2020 by The Ally Bank reported 56 jobs and $459,732 was used to fund payroll.

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

RAMEY AUTOMOTIVE, INC.

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RAMEY AUTOMOTIVE, INC.

Borrower Address

2850 CLINCH ST

Borrower City

RICHLANDS

Borrower State

VA

Borrower Zip

24641-2115

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

459731.58

Current Approval Amount

459731.58

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer 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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICHLANDS

Project County Name

TAZEWELL

Project State

VA

Project Zip

24641-2115

CD

VA-09

Jobs Reported

56

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

459731.58

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

Subchapter S Corporation

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

463664.72

Forgiveness Date

02/23/2021

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