PPP Loan information for R l thornton motor company, llc

$1,460,755

R l thornton motor company, llc was initially approved for PPP Loan of amount $1,460,755, the current approved amount is $1,460,755. The loan was approved on 04/10/2020 by The Ally Bank reported 126 jobs and $1,460,755 was used to fund payroll.

R l thornton motor company, llc is Existing or more than 2 years old

PPP Loan Search / TX / DALLAS / R l thornton motor company, llc

R L THORNTON MOTOR COMPANY, LLC

Date Approved

04/10/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

R L THORNTON MOTOR COMPANY, LLC

Borrower Address

9301 E R L Thornton Freeway

Borrower City

DALLAS

Borrower State

TX

Borrower Zip

75228-6112

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1460755.00

Current Approval Amount

1460755.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DALLAS

Project County Name

DALLAS

Project State

TX

Project Zip

75228-6112

CD

TX-32

Jobs Reported

126

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1460755.00

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

1473698.91

Forgiveness Date

03/03/2021

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