Schumacher Automotive Inc.

$1,950,046 PPP Loan in Palm Beach Gardens, Florida

Loan Details

Loan Number
2737517107
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,950,046
Current Approval
$1,950,046
Forgiveness Amount
$1,974,422
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First 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
127
Estimated Revenue
$32.0M
Rural/Urban
Urban
Congressional District
FL-21

Loan Use Breakdown

Payroll
$1,950,046

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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