PPP Loan information for Galles chevrolet company

$1,335,357

Galles chevrolet company was initially approved for PPP Loan of amount $1,335,357, the current approved amount is $1,335,357. The loan was approved on 04/05/2020 by The Southwest Capital Bank reported 98 jobs and $1,335,357 was used to fund payroll.

Galles chevrolet company is Existing or more than 2 years old

PPP Loan Search / NM / ALBUQUERQUE / Galles chevrolet company

GALLES CHEVROLET COMPANY

Date Approved

04/05/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

GALLES CHEVROLET COMPANY

Borrower Address

2801 UNIVERSITY BLVD

Borrower City

ALBUQUERQUE

Borrower State

NM

Borrower Zip

87107-1753

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1335357.00

Current Approval Amount

1335357.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

45813

Servicing Lender Name

Southwest Capital Bank

Servicing Lender Address

1410 Central Ave SW

Servicing Lender City

ALBUQUERQUE

Servicing Lender State

NM

Servicing Lender Zip

87104-1149

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBUQUERQUE

Project County Name

BERNALILLO

Project State

NM

Project Zip

87107-1753

CD

NM-01

Jobs Reported

98

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1335357.00

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

Corporation

Originating Lender Location Id

45813

Originating Lender

Southwest Capital Bank

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1344407.75

Forgiveness Date

12/09/2020

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