PPP Loan information for German auto group, inc.

$172,500

German auto group, inc. was initially approved for PPP Loan of amount $172,500, the current approved amount is $172,500. The loan was approved on 04/15/2020 by The Capital Bank, National Association reported 17 jobs and $172,500 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

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

GERMAN AUTO GROUP, INC.

Borrower Address

7520 BACKLICK RD

Borrower City

SPRINGFIELD

Borrower State

VA

Borrower Zip

22150-3107

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172500.00

Current Approval Amount

172500.00

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

22150-3107

CD

VA-11

Jobs Reported

17

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

172500.00

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

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

173621.25

Forgiveness Date

12/15/2020

;