PPP Loan information for Smg automotive holdings llc

$1,281,699

Smg automotive holdings llc was initially approved for PPP Loan of amount $1,281,699, the current approved amount is $1,281,699. The loan was approved on 02/12/2021 by The Ally Bank reported 116 jobs and $1,281,699 was used to fund payroll.

Smg automotive holdings llc is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Smg automotive holdings llc

SMG AUTOMOTIVE HOLDINGS LLC

Date Approved

02/12/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

SMG AUTOMOTIVE HOLDINGS LLC

Borrower Address

2286 Flatbush Ave

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11234-4518

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1281699.09

Current Approval Amount

1281699.09

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

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11234-4518

CD

NY-08

Jobs Reported

116

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1281694.09

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1293697.22

Forgiveness Date

01/25/2022

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