PPP Loan information for Beaumont motor co.

$2,936,751

Beaumont motor co. was initially approved for PPP Loan of amount $2,936,751, the current approved amount is $2,936,751. The loan was approved on 04/13/2020 by The Ally Bank reported 261 jobs and $2,936,751 was used to fund payroll.

Beaumont motor co. is Existing or more than 2 years old

PPP Loan Search / TX / BEAUMONT / Beaumont motor co.

BEAUMONT MOTOR CO.

Date Approved

04/13/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

BEAUMONT MOTOR CO.

Borrower Address

3865 EASTEX FWY

Borrower City

BEAUMONT

Borrower State

TX

Borrower Zip

77706-7531

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2936751.00

Current Approval Amount

2936751.00

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

BEAUMONT

Project County Name

JEFFERSON

Project State

TX

Project Zip

77706-7531

CD

TX-14

Jobs Reported

261

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2936751.00

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

2970605.21

Forgiveness Date

06/11/2021

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