PPP Loan information for Ramey motors, inc.

$1,512,606

Ramey motors, inc. was initially approved for PPP Loan of amount $1,512,606, the current approved amount is $1,512,606. The loan was approved on 04/11/2020 by The Ally Bank reported 170 jobs and $1,512,606 was used to fund payroll.

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

PPP Loan Search / WV / PRINCETON / Ramey motors, inc.

RAMEY MOTORS, INC.

Date Approved

04/11/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

RAMEY MOTORS, INC.

Borrower Address

127 FRAZIER DR

Borrower City

PRINCETON

Borrower State

WV

Borrower Zip

24739-7721

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1512606.40

Current Approval Amount

1512606.40

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

Y

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

MERCER

Project State

WV

Project Zip

24739-7721

CD

WV-01

Jobs Reported

170

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1512606.40

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1525547.57

Forgiveness Date

02/23/2021

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