PPP Loan information for Glassman automotive group, inc.

$1,236,961

Glassman automotive group, inc. was initially approved for PPP Loan of amount $284,946, the current approved amount is $1,236,961. The loan was approved on 04/11/2020 by The Ally Bank reported 83 jobs and $1,236,961 was used to fund payroll.

Glassman automotive group, inc. is Existing or more than 2 years old

GLASSMAN AUTOMOTIVE GROUP, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GLASSMAN AUTOMOTIVE GROUP, INC.

Borrower Address

28000 Telegraph Rd.

Borrower City

SOUTHFIELD

Borrower State

MI

Borrower Zip

48034-1943

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

284945.50

Current Approval Amount

1236961.00

Undisbursed Amount

0.00

Franchise Name

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

SOUTHFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48034-1943

CD

MI-12

Jobs Reported

83

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1236961.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1244966.89

Forgiveness Date

12/22/2020

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