PPP Loan information for German auto group inc

$168,977

German auto group inc was initially approved for PPP Loan of amount $168,977, the current approved amount is $168,977. The loan was approved on 02/13/2021 by The Capital Bank, National Association reported 17 jobs and $168,977 was used to fund payroll.

German auto group inc is Existing or more than 2 years old

PPP Loan Search / VA / SPRINGFIELD / German auto group inc

GERMAN AUTO GROUP INC

Date Approved

02/13/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

GERMAN AUTO GROUP INC

Borrower Address

7520 BACKLID RD

Borrower City

SPRINGFIELD

Borrower State

VA

Borrower Zip

22150

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

168976.97

Current Approval Amount

168976.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124055

Servicing Lender Name

Capital Bank, National Association

Servicing Lender Address

2275 Research Blvd Ste 600

Servicing Lender City

ROCKVILLE

Servicing Lender State

MD

Servicing Lender Zip

20850-6238

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

FAIRFAX

Project State

VA

Project Zip

22150

CD

VA-08

Jobs Reported

17

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

168974.97

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

124055

Originating Lender

Capital Bank, National Association

Originating Lender City

ROCKVILLE

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

170615.11

Forgiveness Date

02/03/2022

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