PPP Loan information for Ross downing automotive, l.l.c.

$634,646

Ross downing automotive, l.l.c. was initially approved for PPP Loan of amount $634,646, the current approved amount is $634,646. The loan was approved on 04/10/2020 by The Ally Bank reported 54 jobs and $634,646 was used to fund payroll.

Ross downing automotive, l.l.c. is New Business or 2 years or less

ROSS DOWNING AUTOMOTIVE, L.L.C.

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ROSS DOWNING AUTOMOTIVE, L.L.C.

Borrower Address

2522 BURNSIDE AVE

Borrower City

GONZALES

Borrower State

LA

Borrower Zip

70737-4647

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

634646.00

Current Approval Amount

634646.00

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

New Business or 2 years or less

Project City

GONZALES

Project County Name

ASCENSION

Project State

LA

Project Zip

70737-4647

CD

LA-06

Jobs Reported

54

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

634646.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

639987.60

Forgiveness Date

02/17/2021

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