Schumacher Automotive Inc.

$1,800,358 PPP Loan in Palm Beach Gardens, Florida

Loan Details

Loan Number
1930898708
Date Approved
Mar 27, 2021
Loan Status
Paid in Full
Initial Approval
$1,800,358
Current Approval
$1,800,358
Forgiveness Amount
$1,827,913
Forgiveness Date
Oct 12, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Schumacher Automotive Inc.
Address
3720 Northlake Blvd
State
Florida
ZIP Code
33403-1630
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
144
Estimated Revenue
$36.3M
Rural/Urban
Urban
Congressional District
FL-21

Loan Use Breakdown

Payroll
$1,800,358

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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