PPP Loan information for Sea coast chevrolet-oldsmobile, inc.

$846,771

Sea coast chevrolet-oldsmobile, inc. was initially approved for PPP Loan of amount $846,771, the current approved amount is $846,771. The loan was approved on 04/27/2020 by The Ally Bank reported 52 jobs and $846,771 was used to fund payroll.

Sea coast chevrolet-oldsmobile, inc. is Existing or more than 2 years old

SEA COAST CHEVROLET-OLDSMOBILE, INC.

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SEA COAST CHEVROLET-OLDSMOBILE, INC.

Borrower Address

3410 SUNSET AVE

Borrower City

OCEAN

Borrower State

NJ

Borrower Zip

07712-3912

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

846771.00

Current Approval Amount

846771.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCEAN

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07712-3912

CD

NJ-04

Jobs Reported

52

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

846771.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

851945.71

Forgiveness Date

12/09/2020

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