PPP Loan information for Reed hyundai, llc

$540,348

Reed hyundai, llc was initially approved for PPP Loan of amount $540,348, the current approved amount is $540,348. The loan was approved on 04/10/2020 by The Ally Bank reported 45 jobs and $540,348 was used to fund payroll.

Reed hyundai, llc is New Business or 2 years or less

REED HYUNDAI, LLC

Date Approved

04/10/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

REED HYUNDAI, LLC

Borrower Address

7050 FRONTAGE RD

Borrower City

SHAWNEE

Borrower State

KS

Borrower Zip

66203-4656

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

540348.07

Current Approval Amount

540348.07

Undisbursed Amount

0.00

Franchise Name

Hyundai Motor America - 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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SHAWNEE

Project County Name

JOHNSON

Project State

KS

Project Zip

66203-4656

CD

KS-03

Jobs Reported

45

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

540348.07

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

545556.43

Forgiveness Date

03/31/2021

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