Ross Downing Automotive, L.l.c.

$634,646 PPP Loan in Gonzales, Louisiana

Loan Details

Loan Number
1817267110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$634,646
Current Approval
$634,646
Forgiveness Amount
$639,988
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ross Downing Automotive, L.l.c.
Address
2522 Burnside Ave
ZIP Code
70737-4647
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
New Business or 2 years or less
Jobs Reported
54
Estimated Revenue
$13.6M
Rural/Urban
Urban
Congressional District
LA-06

Loan Use Breakdown

Payroll
$634,646

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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