PPP Loan information for Elmwood auto group, inc.

$829,788

Elmwood auto group, inc. was initially approved for PPP Loan of amount $829,788, the current approved amount is $829,788. The loan was approved on 04/11/2020 by The Ally Bank reported 64 jobs and $829,788 was used to fund payroll.

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

PPP Loan Search / RI / EAST PROVIDENCE / Elmwood auto group, inc.

ELMWOOD AUTO GROUP, INC.

Date Approved

04/11/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

ELMWOOD AUTO GROUP, INC.

Borrower Address

625 Taunton Avenue

Borrower City

EAST PROVIDENCE

Borrower State

RI

Borrower Zip

02914-1614

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

829788.20

Current Approval Amount

829788.20

Undisbursed Amount

0.00

Franchise Name

Chrysler - 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

EAST PROVIDENCE

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02914-1614

CD

RI-01

Jobs Reported

64

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

829788.20

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

Subchapter S 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

837279.34

Forgiveness Date

03/10/2021

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