PPP Loan information for Thorson gmc truck & buick motor co

$873,331

Thorson gmc truck & buick motor co was initially approved for PPP Loan of amount $873,331, the current approved amount is $873,331. The loan was approved on 04/10/2020 by The Ally Bank reported 75 jobs and $873,331 was used to fund payroll.

Thorson gmc truck & buick motor co is Existing or more than 2 years old

PPP Loan Search / CA / PASADENA / Thorson gmc truck & buick motor co

THORSON GMC TRUCK & BUICK MOTOR CO

Date Approved

04/10/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

THORSON GMC TRUCK & BUICK MOTOR CO

Borrower Address

3846 E. COLORADO BLVD

Borrower City

PASADENA

Borrower State

CA

Borrower Zip

91107-3940

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

873331.00

Current Approval Amount

873331.00

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

PASADENA

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91107-3940

CD

CA-28

Jobs Reported

75

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

873331.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

881918.45

Forgiveness Date

04/08/2021

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