PPP Loan information for Midway autos llc

$650,675

Midway autos llc was initially approved for PPP Loan of amount $650,675, the current approved amount is $650,675. The loan was approved on 03/20/2021 by The WestStar Bank reported 50 jobs and $650,675 was used to fund payroll.

Midway autos llc is Existing or more than 2 years old

MIDWAY AUTOS LLC

Date Approved

03/20/2021

SBA Office Code

0677

Processing Method

PPS

Borrower Name

MIDWAY AUTOS LLC

Borrower Address

5915 Montana Ave

Borrower City

El Paso

Borrower State

TX

Borrower Zip

79925-1824

Loan Status Date

10/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

650674.67

Current Approval Amount

650674.67

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

113154

Servicing Lender Name

WestStar Bank

Servicing Lender Address

500 N Mesa St

Servicing Lender City

EL PASO

Servicing Lender State

TX

Servicing Lender Zip

79901-1224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

El Paso

Project County Name

EL PASO

Project State

TX

Project Zip

79925-1824

CD

TX-16

Jobs Reported

50

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

650672.67

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

Limited Liability Company(LLC)

Originating Lender Location Id

113154

Originating Lender

WestStar Bank

Originating Lender City

EL PASO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

660217.90

Forgiveness Date

09/12/2022

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