PPP Loan information for Bmw of akron

$850,000

Bmw of akron was initially approved for PPP Loan of amount $850,000, the current approved amount is $850,000. The loan was approved on 02/16/2021 by The KeyBank National Association reported 81 jobs and $850,000 was used to fund payroll.

Bmw of akron is Existing or more than 2 years old

BMW OF AKRON

Date Approved

02/16/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

BMW OF AKRON

Borrower Address

500 W Exchange St

Borrower City

Akron

Borrower State

OH

Borrower Zip

44302-1420

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

850000.00

Current Approval Amount

850000.00

Undisbursed Amount

0.00

Franchise Name

BMW of North America, LLC - Center Agreement

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Akron

Project County Name

SUMMIT

Project State

OH

Project Zip

44302-1420

CD

OH-13

Jobs Reported

81

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

849995.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

856753.42

Forgiveness Date

12/20/2021

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