PPP Loan information for King auto group, inc.

$425,400

King auto group, inc. was initially approved for PPP Loan of amount $425,400, the current approved amount is $425,400. The loan was approved on 04/13/2020 by The Independent Bank reported 96 jobs and $425,400 was used to fund payroll.

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

KING AUTO GROUP, INC.

Date Approved

04/13/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

KING AUTO GROUP, INC.

Borrower Address

1415 VISTA VIEW DR

Borrower City

LONGMONT

Borrower State

CO

Borrower Zip

80504-5243

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

425400.00

Current Approval Amount

425400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONGMONT

Project County Name

WELD

Project State

CO

Project Zip

80504-5243

CD

CO-02

Jobs Reported

96

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

295400.00

Mortgage Interest Proceed

0.00

Rent Proceed

110000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

430871.12

Forgiveness Date

08/02/2021

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