PPP Loan information for Strong volkswagen, inc.

$1,205,000

Strong volkswagen, inc. was initially approved for PPP Loan of amount $1,205,000, the current approved amount is $1,205,000. The loan was approved on 04/08/2020 by The D. L. Evans Bank reported 110 jobs and $1,205,000 was used to fund payroll.

Strong volkswagen, inc. is Existing or more than 2 years old

PPP Loan Search / UT / SALT LAKE CITY / Strong volkswagen, inc.

STRONG VOLKSWAGEN, INC.

Date Approved

04/08/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

STRONG VOLKSWAGEN, INC.

Borrower Address

1070 So. Main Street

Borrower City

SALT LAKE CITY

Borrower State

UT

Borrower Zip

84101-3115

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1205000.00

Current Approval Amount

1205000.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer Agreement

Servicing Lender Location Id

20132

Servicing Lender Name

D. L. Evans Bank

Servicing Lender Address

375 N Overland Ave

Servicing Lender City

BURLEY

Servicing Lender State

ID

Servicing Lender Zip

83318-3432

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALT LAKE CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84101-3115

CD

UT-02

Jobs Reported

110

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

150625.00

Payroll Proceed

903750.00

Mortgage Interest Proceed

150625.00

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

20132

Originating Lender

D. L. Evans Bank

Originating Lender City

BURLEY

Originating Lender State

ID

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1217710.27

Forgiveness Date

05/05/2021

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