PPP Loan information for Mcgavock auto group, llp

$1,215,100

Mcgavock auto group, llp was initially approved for PPP Loan of amount $1,215,100, the current approved amount is $1,215,100. The loan was approved on 04/07/2020 by The American Bank of Commerce reported 100 jobs and $1,215,100 was used to fund payroll.

Mcgavock auto group, llp is Existing or more than 2 years old

MCGAVOCK AUTO GROUP, LLP

Date Approved

04/07/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

MCGAVOCK AUTO GROUP, LLP

Borrower Address

6312 Milwaukee Avenue

Borrower City

LUBBOCK

Borrower State

TX

Borrower Zip

79424-0613

Loan Status Date

05/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1215100.00

Current Approval Amount

1215100.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

Servicing Lender Location Id

72188

Servicing Lender Name

American Bank of Commerce

Servicing Lender Address

530 E Hwy 62/82

Servicing Lender City

WOLFFORTH

Servicing Lender State

TX

Servicing Lender Zip

79382-9382

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUBBOCK

Project County Name

LUBBOCK

Project State

TX

Project Zip

79424-0613

CD

TX-19

Jobs Reported

100

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

911325.00

Mortgage Interest Proceed

0.00

Rent Proceed

303775.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

72188

Originating Lender

American Bank of Commerce

Originating Lender City

WOLFFORTH

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1224021.83

Forgiveness Date

01/08/2021

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