PPP Loan information for Schumacher auto group, inc.

$3,287,464

Schumacher auto group, inc. was initially approved for PPP Loan of amount $3,287,464, the current approved amount is $3,287,464. The loan was approved on 04/10/2020 by The Ally Bank reported 248 jobs and $3,287,464 was used to fund payroll.

Schumacher auto group, inc. is Existing or more than 2 years old

PPP Loan Search / FL / WEST PALM BEACH / Schumacher auto group, inc.

SCHUMACHER AUTO GROUP, INC.

Date Approved

04/10/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

SCHUMACHER AUTO GROUP, INC.

Borrower Address

3031 Okeechobee Blvd

Borrower City

WEST PALM BEACH

Borrower State

FL

Borrower Zip

33409-4015

Loan Status Date

12/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3287463.85

Current Approval Amount

3287463.85

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST PALM BEACH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33409-4015

CD

FL-21

Jobs Reported

248

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3287463.85

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

Corporation

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3337415.04

Forgiveness Date

10/22/2021

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