PPP Loan information for Joe ferguson pontiac gmc truck inc

$681,500

Joe ferguson pontiac gmc truck inc was initially approved for PPP Loan of amount $681,500, the current approved amount is $681,500. The loan was approved on 05/11/2020 by The Independent Bank reported 70 jobs and $681,500 was used to fund payroll.

Joe ferguson pontiac gmc truck inc is Existing or more than 2 years old

JOE FERGUSON PONTIAC GMC TRUCK INC

Date Approved

05/11/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

JOE FERGUSON PONTIAC GMC TRUCK INC

Borrower Address

950 SOUTH ACADEMY BLVD

Borrower City

COLORADO SPRINGS

Borrower State

CO

Borrower Zip

80910-3965

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

681500.00

Current Approval Amount

681500.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLORADO SPRINGS

Project County Name

EL PASO

Project State

CO

Project Zip

80910-3965

CD

CO-05

Jobs Reported

70

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

587500.00

Mortgage Interest Proceed

0.00

Rent Proceed

94000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

687576.71

Forgiveness Date

03/31/2021

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