PPP Loan information for Mcgavock west texas motors lp

$387,464

Mcgavock west texas motors lp was initially approved for PPP Loan of amount $387,464, the current approved amount is $387,464. The loan was approved on 03/25/2021 by The American Bank of Commerce reported 29 jobs and $387,464 was used to fund payroll.

Mcgavock west texas motors lp is Existing or more than 2 years old

PPP Loan Search / TX / Lubbock / Mcgavock west texas motors lp

MCGAVOCK WEST TEXAS MOTORS LP

Date Approved

03/25/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

MCGAVOCK WEST TEXAS MOTORS LP

Borrower Address

6225 Spur 327

Borrower City

Lubbock

Borrower State

TX

Borrower Zip

79424-2747

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

387464.00

Current Approval Amount

387464.00

Undisbursed Amount

0.00

Franchise Name

Infiniti 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

79424-2747

CD

TX-19

Jobs Reported

29

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

387462.00

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

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

388939.55

Forgiveness Date

08/18/2021

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