PPP Loan information for Gmgc, llc

$728,897

Gmgc, llc was initially approved for PPP Loan of amount $728,897, the current approved amount is $728,897. The loan was approved on 04/06/2020 by The PNC Bank, National Association reported 76 jobs and $728,897 was used to fund payroll.

Gmgc, llc is Existing or more than 2 years old

GMGC, LLC

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GMGC, LLC

Borrower Address

2900 GOVERNMENT BLVD

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36606-2609

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

728897.00

Current Approval Amount

728897.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36606-2609

CD

AL-01

Jobs Reported

76

NAICS Code

441110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

91112.12

Payroll Proceed

546672.75

Mortgage Interest Proceed

0.00

Rent Proceed

91112.13

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

739385.02

Forgiveness Date

09/08/2021

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