Loans Issued BY Ally Bank

Loan Amount Company Name Location Lender
$1-2M DPEP 5, INC Temecula , CA Ally Bank
$1-2M GEORGE CHEVROLET Bellflower , CA Ally Bank
$1-2M HOBLIT CHRYSLER JEEP DODGE, INC. Woodland , CA Ally Bank
$1-2M JOE GIACOMIN CHEVROLET, INC. Torrance , CA Ally Bank
$1-2M JOHN L. SULLIVAN DODGE CHRYSLER, INC. Yuba city , CA Ally Bank
$1-2M JOHN L. SULLIVAN ENTERPRISES, INC. Livermore , CA Ally Bank
$1-2M KAB GROUP INVESTMENTS INC Duarte , CA Ally Bank
$1-2M MCLB INC Bakersfield , CA Ally Bank
$1-2M MONTALBANO, INC. Colma , CA Ally Bank
$1-2M ORANGE COAST AUTO GROUP, LLC Costa mesa , CA Ally Bank
$1-2M PANDA MOTORS, INC. Santa ana , CA Ally Bank
$1-2M PARADISE CHEVROLET Ventura , CA Ally Bank
$1-2M PARKWAY MOTORCARS VALENCIA INC Valencia , CA Ally Bank
$1-2M PEDDER NISSAN, LLC Hemet , CA Ally Bank
$1-2M R & A ALEXANDER INVESTMENTS, LLC Oxnard , CA Ally Bank
$1-2M RUBIDOUX MOTOR COMPANY Riverside , CA Ally Bank
$1-2M SAN LEANDRO CAR STOP, LLC San leandro , CA Ally Bank
$1-2M SHAVER AUTOMOTIVE GROUP, INC Westlake village , CA Ally Bank
$1-2M TDI AUTO GROUP, INC. Concord , CA Ally Bank
$1-2M VICTORVILLE MOTORS, INC Victorville , CA Ally Bank
$1-2M WESTRUP-SADLER, INC. Roseville , CA Ally Bank
$350K-1M ALEXANDER BUICK GMC OF SIMI VALLEY, INC. Simi valley , CA Ally Bank
$350K-1M BARNES FAMILY COMPANY, INC. Santa rosa , CA Ally Bank
$350K-1M BONANDER AUTO TRUCK & TRAILER INC. Turlock , CA Ally Bank
$350K-1M CALIFORNIA COMMUNITY REINVESTMENT CORPORATION Glendale , CA Ally Bank
$350K-1M CAPITOL INFINITI USA, INC. San jose , CA Ally Bank
$350K-1M COMMUNITY AUTOMOTIVE GROUP, INC. Santa maria , CA Ally Bank
$350K-1M CONCORD AUTOMOTIVE SALES AND SERVICE, INC. Concord , CA Ally Bank
$350K-1M CUESTA INVESTMENTS, INC. San luis obispo , CA Ally Bank
$350K-1M DELILLO CHEVROLET CO Huntington beach , CA Ally Bank
$350K-1M DPDW, INC. Hemet , CA Ally Bank
$350K-1M DPEP 3, INC Riverside , CA Ally Bank
$350K-1M DPEP, INC Lake elsinore , CA Ally Bank
$350K-1M FINDLAY MOTORS, LLC Modesto , CA Ally Bank
$350K-1M FOLSOM CHEVROLET, INC. Folsom , CA Ally Bank

Frequently Asked Questions (FAQs)

A1: The CARES Act, officially known as the Coronavirus Aid, Relief, and Economic Security Act, is a federal law passed in March 2020 to provide economic relief to individuals, businesses, and healthcare providers affected by the COVID-19 pandemic.

The Paycheck Protection Program (PPP) is a part of the CARES Act designed to provide forgivable loans to small businesses to help cover payroll costs, rent, and other eligible expenses during the COVID-19 pandemic.

Small businesses, nonprofits, independent contractors, and self-employed individuals were generally eligible for PPP loans. Eligibility criteria and requirements may vary, so it's essential to check with the Small Business Administration (SBA) or your lender for specific details.

PPP loans were generally calculated based on a business's average monthly payroll costs. In most cases, businesses could receive up to 2.5 times their average monthly payroll costs, up to a maximum loan amount.

Yes, PPP loans are forgivable if the funds are used for eligible expenses like payroll, rent, and utilities. A certain percentage (usually 60% or more) of the loan must be used for payroll to qualify for full forgiveness

You can apply for a PPP loan through participating lenders, such as banks and credit unions. The SBA's website provides a list of lenders who participated in the program

Required documents typically include payroll records, tax forms, and other financial documents. Consult with your lender for specific documentation requirements

Deadlines for PPP loan applications have changed over time. It's essential to check the latest deadlines on the SBA's website or with your lender.

Yes, there is a second round of PPP loans (PPP2) available to eligible businesses. Requirements and eligibility criteria for PPP2 may differ from the first round.

You can request loan forgiveness through your lender by submitting the required documentation and forms. The forgiveness application process may vary based on the size and terms of your loan.