Smg Automotive Holdings LLC

$1,281,699 PPP Loan in Brooklyn, New York

Loan Details

Loan Number
7461118407
Date Approved
Feb 12, 2021
Loan Status
Paid in Full
Initial Approval
$1,281,699
Current Approval
$1,281,699
Forgiveness Amount
$1,293,697
Forgiveness Date
Jan 25, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Smg Automotive Holdings LLC
Address
2286 Flatbush Ave
ZIP Code
11234-4518
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
116
Estimated Revenue
$29.2M
Rural/Urban
Urban
Congressional District
NY-08

Loan Use Breakdown

Payroll
$1,281,694
Utilities
$1

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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