PPP Loan information for Rainbow northshore buick gmc, llc

$698,065

Rainbow northshore buick gmc, llc was initially approved for PPP Loan of amount $698,065, the current approved amount is $698,065. The loan was approved on 04/11/2020 by The Ally Bank reported 52 jobs and $698,065 was used to fund payroll.

Rainbow northshore buick gmc, llc is Existing or more than 2 years old

RAINBOW NORTHSHORE BUICK GMC, LLC

Date Approved

04/11/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RAINBOW NORTHSHORE BUICK GMC, LLC

Borrower Address

2925 N HIGHWAY 190

Borrower City

COVINGTON

Borrower State

LA

Borrower Zip

70433-9036

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

698065.00

Current Approval Amount

698065.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COVINGTON

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70433-9036

CD

LA-01

Jobs Reported

52

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

698065.00

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

703184.14

Forgiveness Date

01/08/2021

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