PPP Loan information for Westborn chrysler jeep inc

$715,783

Westborn chrysler jeep inc was initially approved for PPP Loan of amount $715,783, the current approved amount is $715,783. The loan was approved on 03/18/2021 by The Ally Bank reported 47 jobs and $715,783 was used to fund payroll.

Westborn chrysler jeep inc is Existing or more than 2 years old

PPP Loan Search / MI / Dearborn / Westborn chrysler jeep inc

WESTBORN CHRYSLER JEEP INC

Date Approved

03/18/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

WESTBORN CHRYSLER JEEP INC

Borrower Address

23300 Michigan Ave

Borrower City

Dearborn

Borrower State

MI

Borrower Zip

48124-2030

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

715782.90

Current Approval Amount

715782.90

Undisbursed Amount

0.00

Franchise Name

Chrysler - 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

Dearborn

Project County Name

WAYNE

Project State

MI

Project Zip

48124-2030

CD

MI-12

Jobs Reported

47

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

715780.90

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

Subchapter S Corporation

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

721707.99

Forgiveness Date

01/21/2022

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