PPP Loan information for Schumacher automotive delray llc

$2,000,000

Schumacher automotive delray llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/29/2021 by The Ally Bank reported 282 jobs and $2,000,000 was used to fund payroll.

Schumacher automotive delray llc is Existing or more than 2 years old

SCHUMACHER AUTOMOTIVE DELRAY LLC

Date Approved

03/29/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

SCHUMACHER AUTOMOTIVE DELRAY LLC

Borrower Address

2102 S Federal Hwy

Borrower City

Delray Beach

Borrower State

FL

Borrower Zip

33483-3316

Loan Status Date

12/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - 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

Existing or more than 2 years old

Project City

Delray Beach

Project County Name

PALM BEACH

Project State

FL

Project Zip

33483-3316

CD

FL-22

Jobs Reported

282

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

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

2030611.11

Forgiveness Date

10/12/2022

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