Gem Automotive, LLC

$578,200 PPP Loan in Warrenton, Virginia

Loan Details

Loan Number
9973807006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$578,200
Current Approval
$578,200
Forgiveness Amount
$585,772
Forgiveness Date
Aug 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gem Automotive, LLC
Address
7308 Cedar Run Drive
ZIP Code
20187-2212
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Jeep - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$11.1M
Rural/Urban
Rural
Congressional District
VA-10

Loan Use Breakdown

Payroll
$578,200

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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