PPP Loan information for Glassman automotive group inc

$1,220,005

Glassman automotive group inc was initially approved for PPP Loan of amount $1,220,005, the current approved amount is $1,220,005. The loan was approved on 02/20/2021 by The Ally Bank reported 93 jobs and $1,220,005 was used to fund payroll.

Glassman automotive group inc is Existing or more than 2 years old

PPP Loan Search / MI / Southfield / Glassman automotive group inc

GLASSMAN AUTOMOTIVE GROUP INC

Date Approved

02/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GLASSMAN AUTOMOTIVE GROUP INC

Borrower Address

28000 Telegraph Rd

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48034-1955

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1220005.00

Current Approval Amount

1220005.00

Undisbursed Amount

0.00

Franchise Name

Kia 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

N

Business Age Description

Existing or more than 2 years old

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48034-1955

CD

MI-12

Jobs Reported

93

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1220003.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1228240.03

Forgiveness Date

11/05/2021

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