PPP Loan information for Avon auto llc

$621,388

Avon auto llc was initially approved for PPP Loan of amount $621,388, the current approved amount is $621,388. The loan was approved on 04/11/2020 by The Ally Bank reported 42 jobs and $621,388 was used to fund payroll.

Avon auto llc is Existing or more than 2 years old

AVON AUTO LLC

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

AVON AUTO LLC

Borrower Address

183 COUNTY ROAD 525

Borrower City

AVON

Borrower State

IN

Borrower Zip

46123-9058

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

621387.50

Current Approval Amount

621387.50

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

AVON

Project County Name

HENDRICKS

Project State

IN

Project Zip

46123-9058

CD

IN-04

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

621387.50

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

627187.12

Forgiveness Date

03/23/2021

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