PPP Loan information for Ultimate buick gmc, inc.

$362,265

Ultimate buick gmc, inc. was initially approved for PPP Loan of amount $362,265, the current approved amount is $362,265. The loan was approved on 04/13/2020 by The Ally Bank reported 28 jobs and $362,265 was used to fund payroll.

Ultimate buick gmc, inc. is Existing or more than 2 years old

ULTIMATE BUICK GMC, INC.

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ULTIMATE BUICK GMC, INC.

Borrower Address

5150 Jefferson Davis Highway

Borrower City

FREDERICKSBURG

Borrower State

VA

Borrower Zip

22408-4265

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

362265.00

Current Approval Amount

362265.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FREDERICKSBURG

Project County Name

SPOTSYLVANIA

Project State

VA

Project Zip

22408-4265

CD

VA-07

Jobs Reported

28

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

362265.00

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

365223.50

Forgiveness Date

02/09/2021

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