PPP Loan information for G & c automotive distributors inc

$876,457

G & c automotive distributors inc was initially approved for PPP Loan of amount $1,064,150, the current approved amount is $876,457. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 126 jobs and $876,457 was used to fund payroll.

G & c automotive distributors inc is Existing or more than 2 years old

G & C AUTOMOTIVE DISTRIBUTORS INC

Date Approved

05/01/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

G & C AUTOMOTIVE DISTRIBUTORS INC

Borrower Address

12999 EXECUTIVE DR

Borrower City

SUGAR LAND

Borrower State

TX

Borrower Zip

77478-4505

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1064150.00

Current Approval Amount

876457.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUGAR LAND

Project County Name

FORT BEND

Project State

TX

Project Zip

77478-4505

CD

TX-22

Jobs Reported

126

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

876457.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

883204.52

Forgiveness Date

02/10/2021

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