PPP Loan information for Karl chevrolet of stuart llc

$758,090

Karl chevrolet of stuart llc was initially approved for PPP Loan of amount $758,090, the current approved amount is $758,090. The loan was approved on 04/11/2020 by The Ally Bank reported 105 jobs and $758,090 was used to fund payroll.

Karl chevrolet of stuart llc is Existing or more than 2 years old

KARL CHEVROLET OF STUART LLC

Date Approved

04/11/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KARL CHEVROLET OF STUART LLC

Borrower Address

324 SW 8TH ST

Borrower City

STUART

Borrower State

IA

Borrower Zip

50250-1052

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

758090.00

Current Approval Amount

758090.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) 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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STUART

Project County Name

GUTHRIE

Project State

IA

Project Zip

50250-1052

CD

IA-03

Jobs Reported

105

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

758090.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

766239.47

Forgiveness Date

05/11/2021

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