PPP Loan information for Golling motors inc

$158,585

Golling motors inc was initially approved for PPP Loan of amount $158,585, the current approved amount is $158,585. The loan was approved on 02/26/2021 by The Ally Bank reported 8 jobs and $158,585 was used to fund payroll.

Golling motors inc is Existing or more than 2 years old

GOLLING MOTORS INC

Date Approved

02/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GOLLING MOTORS INC

Borrower Address

2405 S Telegraph Rd

Borrower City

Bloomfield Hills

Borrower State

MI

Borrower Zip

48302-0256

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

158585.00

Current Approval Amount

158585.00

Undisbursed Amount

0.00

Franchise Name

Fiat 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

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomfield Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48302-0256

CD

MI-11

Jobs Reported

8

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

158583.00

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

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

159743.55

Forgiveness Date

12/16/2021

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