PPP Loan information for Smith motors inc dba cass burch chrysler

$578,100

Smith motors inc dba cass burch chrysler was initially approved for PPP Loan of amount $578,100, the current approved amount is $578,100. The loan was approved on 04/10/2020 by The Ally Bank reported 41 jobs and $578,100 was used to fund payroll.

Smith motors inc dba cass burch chrysler is Existing or more than 2 years old

SMITH MOTORS INC DBA CASS BURCH CHRYSLER

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SMITH MOTORS INC DBA CASS BURCH CHRYSLER

Borrower Address

4164 N Valdosta Rd

Borrower City

VALDOSTA

Borrower State

GA

Borrower Zip

31602-4926

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

578100.00

Current Approval Amount

578100.00

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

VALDOSTA

Project County Name

LOWNDES

Project State

GA

Project Zip

31602-4926

CD

GA-08

Jobs Reported

41

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

578100.00

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

Subchapter S Corporation

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

584329.74

Forgiveness Date

05/12/2021

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