Schumacher Auto Group, Inc.

$3,287,464 PPP Loan in West Palm Beach, Florida

Loan Details

Loan Number
2426437110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$3,287,464
Current Approval
$3,287,464
Forgiveness Amount
$3,337,415
Forgiveness Date
Oct 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schumacher Auto Group, Inc.
Address
3031 Okeechobee Blvd
State
Florida
ZIP Code
33409-4015
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
248
Estimated Revenue
$62.5M
Rural/Urban
Urban
Congressional District
FL-21

Loan Use Breakdown

Payroll
$3,287,464

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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