Ramey Motors, Inc.

$1,512,606 PPP Loan in Princeton, West Virginia

Loan Details

Loan Number
3238157106
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,512,606
Current Approval
$1,512,606
Forgiveness Amount
$1,525,548
Forgiveness Date
Feb 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ramey Motors, Inc.
Address
127 Frazier Dr
ZIP Code
24739-7721
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
170
Estimated Revenue
$42.8M
Rural/Urban
Rural
Congressional District
WV-01

Loan Use Breakdown

Payroll
$1,512,606

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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