PPP Loan information for Schumacher volkswagen inc.

$521,845

Schumacher volkswagen inc. was initially approved for PPP Loan of amount $521,845, the current approved amount is $521,845. The loan was approved on 04/10/2020 by The Ally Bank reported 38 jobs and $521,845 was used to fund payroll.

Schumacher volkswagen inc. is Existing or more than 2 years old

PPP Loan Search / FL / WEST PALM BEACH / Schumacher volkswagen inc.

SCHUMACHER VOLKSWAGEN INC.

Date Approved

04/10/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

SCHUMACHER VOLKSWAGEN INC.

Borrower Address

3031 Okeechobee Blvd

Borrower City

WEST PALM BEACH

Borrower State

FL

Borrower Zip

33409-4015

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

521844.59

Current Approval Amount

521844.59

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer 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

38

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

521844.59

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

528367.65

Forgiveness Date

07/15/2021

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